Flomic Global Logistics Ltd — Important, 19-08-2026: Company Update
19-08-2026 | 12:22 pm
19-08-2026 | 12:22 pm
Flomic Global Logistics shared its Q1 FY27 earnings, reporting a revenue growth of 18.4% to INR120 Cr. EBITDA surged by 68% to INR11.21 Cr, with margins improving to 9.34%. The company posted a PAT of INR2.06 Cr, reversing last year's loss of INR2.98 Cr. Management highlighted an asset-light model, strategic expansion in warehousing and project logistics for better margins, and increasing wallet share from existing customers. Technology adoption, including AI, is a key focus to enhance efficiency, automate processes, and reduce operational costs, aiming for sustained profitable growth and improved operating leverage.
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