AVG Logistics reported a 105% year-on-year increase in profit after tax (PAT) to ₹10.71 crore for the quarter ended March 31, 2026. This growth was driven by a 349 basis points expansion in EBITDA margin to 19.66% and improved asset utilization. Total income for Q4FY26 rose by 19.4% to ₹176.61 crore, compared to ₹147.91 crore in the same quarter of the previous year. The company’s strategic focus on operational excellence and technology-led efficiencies contributed to the profitability surge.

For the full financial year FY26, the company recorded a PAT of ₹26.17 crore, an increase of 22.71% from ₹21.33 crore in FY25. Total income for the year stood at ₹582.48 crore, up 5.07% year-on-year. EBITDA for FY26 grew by 14.27% to ₹112.45 crore, with the margin improving by 155 basis points to 19.31%. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on June 23, 2026.

Subsequently, the company addressed a technical discrepancy regarding the submission of these financial results. A mismatch was identified between the Consolidated EPS in the XBRL filing and the PDF version submitted to the Stock Exchange on June 23, 2026. The company clarified that this error occurred due to a technical issue in the XBRL Excel Utility, which inadvertently omitted certain figures during XML generation. AVG Logistics has since rectified the discrepancy and filed the revised XBRL with the National Stock Exchange of India Limited on June 25, 2026.

Strategic Growth Roadmap

The company outlined its AVG Vision 2.0, targeting a revenue of ₹1,250 crore by 2030. This growth is expected to be driven by diversification into high-margin supply chain solutions, capacity expansion, and green logistics initiatives. Key growth engines include Liquid Logistics, targeting ₹24 crore+ annual revenue starting FY26–27, and Industrial Logistics, scaling from ₹12 crore to ₹100 crore+ annually. The company plans a capex of ₹100 crore+ in FY25–26 and ₹50 crore per annum thereafter to support this expansion.

Operational Highlights

Sanjay Gupta, Managing Director & CEO of AVG Logistics, attributed the performance to operating leverage and disciplined execution. The company continued to strengthen its integrated logistics platform through network expansion and deeper customer engagement. Recent operational highlights include a foray into rail-based liquid logistics, land acquisition in Tahliwal, Himachal Pradesh for capacity expansion, and a strategic green partnership with Nestlé India and Ashok Leyland to deploy CNG-powered vehicles.

AVG Logistics operates a fleet of 3,000+ hired and owned vehicles and maintains 8,56,369 sq. ft. of warehousing space across India. The company serves clients such as Nestle, Ferrero, HUL, Maruti Suzuki, and ITC, providing customized solutions across transportation, warehousing, and supply chain management.

AVG Logistics has set a revenue target of ₹1,250 crore by 2030, aiming for 15-20% growth in FY27. The company reported a total income of ₹582.48 crore for FY26, a 5.07% year-on-year increase, driven by its integrated multi-modal logistics model. Profit after tax (PAT) stood at ₹26.17 crore, registering a growth of 22.71%, while EBITDA increased 14.27% to ₹112.45 crore. These figures were detailed in an earnings call transcript submitted to the exchanges on July 02, 2026.

Financial Performance

For Q4 FY26, the company recorded total revenue of ₹176.61 crore, a growth of 19.4% year-on-year. EBITDA stood at ₹34.72 crore, increasing 45.21%, with margins expanding by 349 basis points to 19.66%. PAT for the quarter was ₹10.71 crore, reflecting a growth of 104.78%. The table below presents the key financial metrics for the full year.

Strategic Expansion and Operations

AVG Logistics operates a diversified portfolio including road transportation, rail logistics, cold chain, and warehousing. The firm manages a fleet of 850+ owned vehicles and utilizes a network of 3,000+ partner vehicles. The company has expanded into rail-based liquid logistics and secured a strategic contract worth ₹90 Cr with a leading cement company. Additionally, it signed six tenders worth ₹5,100 Mn with Indian Railways for leased parcel trains.

In the warehousing segment, the company manages approximately 8,56,369 sq. ft. of total space. Upcoming owned warehousing space of 50,000 sq. ft. is planned in Agartala. The company also formed a joint venture, Carbonlite Logistics Private Limited, with the Baidyanath Group to deploy LNG trucks.

Sustainability and Future Outlook

The company is focusing on green logistics initiatives, including the deployment of CNG, LNG, and EV vehicles. Management stated that contracts include fuel escalation clauses to mitigate diesel price volatility. Capital expenditure for FY26 was ₹60 crore plus, with a target of ₹50 crore plus for FY27 to support growth and fleet addition.