Allcargo Logistics reports record revenue growth in Q1FY27

Allcargo Logistics reported its consolidated financial results for the quarter ended June 30, 2026, with record quarterly revenue in both its express distribution and contract logistics businesses. The company also recorded 39% year-on-year growth in EBITDA and a 258% increase in profit before tax (before exceptional items), supported by healthy volume growth and pricing stability.

The company said revenue growth across both businesses was driven by healthy shipment volumes, pricing discipline, customer-focused execution and sustained operational efficiencies. During the quarter, it also strengthened its domestic logistics business through deeper customer engagement, greater adoption of digital capabilities and continued cost optimisation initiatives.

Commenting on the results, Ketan Kulkarni, Managing Director and Chief Executive Officer, Allcargo Logistics, said the company's highest-ever quarterly revenue in both express distribution and contract logistics was supported by higher shipment volumes, stronger customer relationships and sustained operational improvements. He added that the company improved customer service through a personalised account management approach, while its pricing strategy enhanced yields during the quarter. Service quality adherence of more than 99% also helped maintain a strong customer retention rate and supported expansion across different industry sectors.

Kulkarni said the company is increasingly using AI-driven analytics and data-led decision-making to improve demand forecasting, optimise network planning, enhance shipment visibility and support faster operational decisions. He added that continued network optimisation, better routing efficiencies, disciplined cost management and improved asset utilisation have strengthened profitability. Going forward, the company plans to expand the use of AI and digital technologies while focusing on service quality, customer partnerships and profitable growth.

During the quarter, the express distribution business recorded 13.5% year-on-year revenue growth, driven by improved operational performance and better service quality. The contract logistics business reported 6% year-on-year revenue growth, supported by operational efficiencies, 99% service quality adherence, strong customer retention, expansion across industry sectors and new business opportunities.

Looking ahead, Allcargo Logistics expects business activity to strengthen further in the second and third quarters, particularly during the festive season. The company said it will continue to focus on profitable growth through disciplined pricing, customer experience, operational excellence and deeper market penetration across its express distribution and contract logistics businesses.