Western Carriers (India) Limited — Investor Meet, 21-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

WCIL reported Q1 FY26 revenue of INR 416 Cr, EBITDA of INR 21 Cr (5% margin), and PAT of INR 11 Cr. Financials faced pressure from geopolitical turbulence affecting EXIM business, though EXIM TEU movement saw slight growth. Operational highlights include the inauguration of the 31-acre ICD MMCT at Devaliya, enabling new fixed rail services. WCIL also deployed heavy-duty containers for steel coils (part of an INR 1,100 Cr work order) and commenced new EXIM rail services for Hindustan Zinc. Management is avoiding low-margin domestic traffic, focusing on reducing empty runs to boost margins in H2, and remains optimistic for Q2 with strong demand.