Allcargo Logistics reports Q3FY26 results; completes integration of domestic supply chain businesses

MUMBAI: Allcargo Logistics Limited, post approval of the organisation’s restructuring plan, housing its domestic supply chain business; Express distribution and Contract logistics, announced its consolidated financial results for the quarter ended December 31, 2025.

During the quarter, the Company completed the integration of its express and consultative logistics businesses, implementation of Oracle Fusion Accounting Software, enabling unified operations across customers, warehousing infrastructure, transport assets and technology platforms. Q3FY26 was a transition quarter focused on improving service quality, strengthening profitability and enhancing platform readiness for future growth.

Mr. Ketan Kulkarni, Managing Director and Chief Executive Officer of Allcargo Logistics Limited said, “Q3FY26 marks the successful completion of the integration of our express and contract logistics businesses, with Allcargo Logistics now operating as a unified domestic platform. This transition quarter was focused on strengthening quality, profitability and platform readiness. Our express business witnessed a strong volume recovery in December, leading to market share gains, while yield-enhancement initiatives drove a meaningful improvement in gross margins, providing a solid base for margin-led growth going forward. Contract logistics saw muted demand due to deferred expansion by certain e-commerce clients; however, underlying client relationships remain strong. On a cumulative basis, the domestic business continues to remain profitable. As we move ahead, our focus will be on technology-led execution, disciplined cost management and unlocking new growth levers, particularly in the Full Truck Load (FTL) and transport segments. With integration behind us, we expect EBITDA and PBT to grow faster than revenue in the coming quarters.”

Financial Performance:

• The company recorded a 7% YTD increase in revenue, EBITDA rose by 9%, and Profit Before Tax (PBT before Exceptional items) grew sharply by 50%.

• Express Distribution: Registered EBITDA growth of 19% year-on-year and 6% QoQ, driven by enhanced service quality, customer stickiness, and new client additions.

• Contract Logistics (CL): Delivered Revenue growth of 23% YTD & 5% year-on-year and EBITDA growth of 16% YTD and 2% year-on-year but demand growth remained muted during the quarter as certain clients deferred expansion plans

• Outlook: With the integration complete, Allcargo Logistics is well-positioned to drive steady revenue growth, with EBITDA and PBT expected to grow faster than the topline. The Company will focus on yield-led margin expansion, technology-led execution and new growth levers, particularly in the Full Truck Load (FTL) and transport segments.

About Allcargo Logistics Limited (Post NCLT Order)

Allcargo Logistics Limited under the composite Scheme of Arrangement has demerged its International Supply Chain (ISC) business and merged its Domestic Supply Chain business.

Domestic supply chain business houses express distribution and consultative logistics. Allcargo Logistics’ combine legacy, innovation, and customer-centricity with a robust distribution network, deep expertise, and a digital-first approach to provide reliable logistics for MSMEs, retailers, and enterprises. With a nationwide network covering 99% of India’s districts and a growing presence across Asia, the company offers unparalleled reach and service capability. Its key business verticals include Express Distribution, Air Freight, E-commerce Logistics, First and Last Mile Delivery, and more. The company also offers specialized B2C services such as Laabh, Bike Express, and Student Express, designed to meet the evolving needs of diverse customer segments. Allcargo group stays true to its strong commitment to adhere to Environmental, Social, and Governance (ESG) standards and continues to direct efforts towards enhancing its people, technology as well as business processes and operations on a regular basis. The group has set out to achieve 100% carbon neutrality by 2040.