AVG Logistics posts ₹125 crore revenue in Q1 FY26
EBITDA rose 2.8% to ₹24.28 crore, with margins improving 20 bps to 19.42%. Profit before tax stood at ₹7 crore, a 5.7% increase YoY.
AVG Logistics reported revenue from operations of ₹125. crore in Q1 FY26, up 1.7% year-on-year. EBITDA rose 2.8% to ₹24.28 crore, with margins improving 20 bps to 19.42%. Profit before tax stood at ₹7 crore, a 5.7% increase YoY.
The quarter was marked by strategic initiatives, including the commercial deployment of India’s first 55-ton electric trucks at Tata Steel, a six-year Parcel Cargo Express Train (PCET) lease with Indian Railways to connect Delhi/Ludhiana with the Northeast, and securing ₹112 crore in debt funding from PSU banks for capex in green fleets, cold chain, liquid logistics, and FTL expansion.
MD & CEO Sanjay Gupta said, “Q1 FY26 has marked a promising start to the fiscal year with the strategic wins that reflect our long-term commitment to innovation, efficiency, and sustainability. Our successful commercial deployment of India’s first 55-ton electric trucks at Tata Steel reflects our commitment to pioneering sustainable logistics. Our six-year rail lease agreement with Indian Railways enhances multimodal connectivity, opening new corridors to the Northeast and adding long-term revenue visibility. The ₹112 crore funding secured from PSU banks reinforces market confidence and supports our planned expansion across FTL, Liquid Logistics, cold chain, and green fleets. We look forward to executing these initiatives with precision while exploring new opportunities that further enhance shareholder and customer value.”
