Allcargo Logistics Limited , a prominent player in the Indian logistics sector, has reported a significant turnaround in its financial performance for the second quarter of fiscal year 2026. The company achieved a profit before tax of INR 9.00 crores, marking a positive shift from losses in previous quarters. This improvement comes on the heels of the completion of its composite scheme that restructured the company's operations.

Key Financial Highlights

• Revenue Growth: The company reported an 11% year-on-year increase in revenue, reaching INR 537.00 crores for Q2 FY26.
• EBITDA Performance: EBITDA saw a substantial rise of 27% year-on-year, amounting to INR 62.00 crores.
• Volume Handled: Allcargo managed a total volume of 3.26 lakh metric tons, up 6% year-on-year and 11% quarter-on-quarter.

Segment-wise Performance

Express Business

Consultative Logistics Business

• Warehouse Space: 8.4 million square feet under management

Restructuring Impact

The company's composite scheme, which became effective on November 1, 2025, has led to significant changes:

1. Demerger of international business into Allcargo Global.
2. Merger of Express and Consultative Logistics businesses into Allcargo Logistics.
3. Elimination of the holding structure, resulting in a single operating listed entity.

Financial Adjustments

The reported financials include certain one-time items that affected the bottom line:

• Amortization charge of INR 12.00 crores in Q2 related to the Gati acquisition, which will not recur in future quarters.
• One-time expenses of INR 15.00 crores related to the composite scheme.

Adjusting for these items, the effective profit for Q2 FY26 stands at INR 9.00 crores.

Management Commentary

Ketan Kulkarni, Managing Director and CEO of Allcargo Logistics, expressed optimism about the company's performance: "Our Express business has delivered the highest ever quarter in the company's history, both in terms of revenue and volume. Our Consultative Logistics business has also delivered its highest ever quarter and monthly revenue."

Future Outlook

The management has reiterated its guidance for FY28 and FY30, projecting:

• A CAGR of 20% in EBITDA up to FY28
• A 10% CAGR growth in gross margins

Technological Advancements

Allcargo Logistics is focusing on technological enhancements to drive efficiency:

• Deployment of cloud-native solutions
• Mobile-first approach for customer and partner interactions
• Introduction of control towers and Hub Eye systems for improved logistics management
• Revamping of Warehouse Management Systems (WMS)

Market Position

The company is leveraging its strong position in chemical logistics and aims to expand into retail and FMCG sectors. It is also exploring synergies between its Express and Consultative Logistics divisions to offer integrated services to multinational and Indian companies.

As Allcargo Logistics navigates through its post-restructuring phase, the company appears poised for growth, backed by strategic initiatives and a focus on technological innovation in the evolving logistics landscape.

Allcargo Logistics Limited , India's largest integrated logistics services provider, has reported a consolidated net loss of 40 million rupees in the second quarter, compared to a profit of 170 million rupees in the same quarter last year. Despite the profitability challenges, the company's revenue increased to 5.4 billion rupees from 4.8 billion rupees year-over-year, demonstrating growth in its operations.

Financial Performance

The company's financial results for Q2 show a mixed picture:

The increase in revenue indicates that Allcargo Logistics has been able to grow its business operations and potentially expand its market share. However, the swing to a net loss suggests that the company faced significant challenges in managing costs or maintaining profitability during the quarter.

Factors Affecting Performance

While specific reasons for the profitability decline were not provided in the available data, several factors could potentially contribute to such a scenario in the logistics industry:

• Increased operational costs
• Market competition
• Global economic conditions
• Changes in fuel prices
• Investments in growth initiatives

Corporate Developments

In addition to the financial results, Allcargo Logistics has recently undergone significant corporate changes. As per the company's latest LODR (Listing Obligations and Disclosure Requirements) filing, a Composite Scheme of Arrangement and Amalgamation has been implemented. Key points from this development include:

• Allcargo Gati Limited (Transferor Company) has been amalgamated with Allcargo Logistics Limited (Transferee Company) effective November 1, 2025.
• The company has appointed Mr. Ketan Nishikant Kulkarni as the new Managing Director & CEO for a period of five years.
• Changes in key management positions include the appointment of Mr. Deepak Jagdish Pareek as Chief Financial Officer and Mr. Shekhar R. Singh as Company Secretary & Compliance Officer.

These corporate changes may be part of Allcargo's strategy to streamline operations and improve overall efficiency in the long term.

Looking Ahead

Despite the current quarter's loss, Allcargo Logistics' revenue growth suggests that the company continues to expand its business. The recent corporate restructuring and management changes may be aimed at addressing profitability challenges and positioning the company for future growth.

Investors and stakeholders will likely be watching closely to see how these changes impact the company's performance in the coming quarters, and whether Allcargo Logistics can return to profitability while maintaining its revenue growth trajectory.