Allcargo Gati sees a 10 percent rise in gross margin, expanding its network with rebranded AFVs.
Allcargo Gati Limited, a leading express distribution and supply chain firm, has released its Q2 FY25 results, showing robust financial and operational growth. The company announced the launch of over 1,700 rebranded vehicles, including Alternative Fuel Vehicles (AFVs), to support first- and last-mile deliveries across India. This initiative aligns with Allcargo’s sustainability goals, targeting carbon neutrality by 2040.
The quarterly report reveals a 10 percent year-on-year increase in gross margin to Rs. 99 crores, with EBITDA growing 26 percent due to cost-saving measures. Pirojshaw (Phil) Sarkari, CEO of Gati Express and Supply Chain (GESCPL), noted that H1 FY25 EBITDA reached Rs. 39 crores, reflecting an 18 percent annual growth. Sarkari emphasised advancements in infrastructure and technology, particularly through Phase II of development and the rollout of new tech modules to enhance operational efficiency.
The company’s express segment, operated under GESCPL, continues to set milestones. Deputy MD Ketan Kulkarni shared that October 2024 marked the highest-ever monthly volume of 118kt, a rise from 108kt in September and 113kt last October, underscoring the team’s commitment and customer trust in their services.
Allcargo Gati’s extensive network reaches over 5,400 pin codes directly and serves 19,800 pin codes in 735 districts, empowering MSMEs with reliable and scalable logistics solutions. The firm’s superior traceability and connectivity offer accelerated transit times, especially in tier 2 and tier 3 cities, supporting seamless business expansion across India.
