Allcargo Logistics posts strong Q1FY25 results with 34 percent EBITDA growth and 12 percent revenue increase.
Allcargo Logistics has released its financial results for Q1FY25, showcasing robust performance. The company’s consolidated revenue reached ₹3,813 crores, marking a 12 percent quarter-on-quarter (Q-o-Q) increase. Consolidated EBITDA for the quarter stood at ₹133 crores, reflecting a 34 percent Q-o-Q growth.
Global trade dynamics and heightened demand across key trade lanes contributed to higher volumes and increased freight rates, which are expected to persist through the peak season until year-end. LCL volume for the quarter remained stable year-on-year (Y-o-Y) at 2.25 million CBM, with a 6 percent Q-o-Q rise. FCL volume also showed improvement, with 1,56,000 TEUs recorded, up 9 percent Y-o-Y.
In Latin America, ECU Worldwide strengthened its leadership with new appointments in Argentina, Uruguay, and Paraguay, supporting regional growth. The Contract Logistics segment posted a 13 percent Q-o-Q and 22 percent Y-o-Y revenue increase, driven by expanding client engagements. Meanwhile, the Express Business segment saw optimised operating costs, boosting Q1FY25 EBITDA to ₹20 crores, up 11 percent Y-o-Y and 33 percent Q-o-Q.
