Western Carriers (India) Limited — Updates, 08-02-2025: Press Release

Western Carriers (India) Ltd reported stable financial results for the quarter and nine months ending December 31, 2024. For Q3 FY25, revenue from operations was ₹4,429.99 Cr, a slight decline from ₹4,567.07 Cr in Q3 FY24. EBITDA (excluding other income) decreased to ₹233.93 Cr from ₹373.49 Cr, resulting in an EBITDA margin of 5.28%. Profit After Tax (PAT) for the quarter was ₹131.96 Cr. Over the first nine months, revenue increased to ₹12,971.41 Cr from ₹12,841.29 Cr, with a PAT of ₹510.52 Cr, despite challenges in external market conditions affecting export-import volumes.

The CEO highlighted a robust domestic growth trajectory, with container volumes up approximately 24%, effectively countering a significant decline in international volumes. The company anticipates double-digit growth in Q4, attributing this to strong client relationships and new partnerships. There’s a positive outlook for operational performance as the company aims to continue navigating industry challenges while leveraging its logistics capabilities.