AVG Logistics Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

AVG Logistics has announced a board meeting on approving audited consolidated financial results for the quarter and financial year ended March 31, 2025. Revenue rose to ₹551.52 Cr from ₹479.89 Cr, while profit before tax eased to ₹29.17 Cr versus ₹42.03 Cr last year. Profit after tax slipped slightly to ₹21.33 Cr from ₹22.27 Cr. The company launched a new subsidiary, Kaizen Logistics, targeting transportation services. Promoters and investors converted a large portion of warrants, raising ₹19.03 Cr to boost capex and working capital. The audit opinion was clean.