Allcargo Logistics announced its quarterly financial results for Q3FY26 following the Board of Directors meeting held on February 5, 2026. The company reported revenue from operations of ₹516 crores for the quarter ended December 31, 2025, with improved loss performance compared to the previous year.

Q3FY26 Financial Performance

The company's standalone financial results showed revenue from operations of ₹516 crores for Q3FY26, compared to ₹518 crores in Q3FY25. The company reported a net loss of ₹1 crore for the quarter, representing a significant improvement from the loss of ₹7 crores in the corresponding quarter of the previous year.

Nine Months Performance

For the nine months ended December 31, 2025, the company demonstrated improved revenue performance with operations reaching ₹1,544 crores compared to ₹1,448 crores in the corresponding period of the previous year. The company achieved a net profit of ₹4 crores for the nine-month period, compared to ₹14 crores in the previous year.

Board Decisions and Corporate Actions

The Board of Directors meeting, which commenced at 3:50 PM IST on February 5, 2026, and concluded at 12:20 AM IST on February 6, 2026, approved the unaudited standalone and consolidated financial results. The board also re-constituted the Risk Management, Finance, Strategy and Legal Committee with the following composition:

Regulatory Compliance and Business Operations

The financial results were prepared in accordance with Indian Accounting Standard 34 and reviewed by MSKC & Associates LLP, the company's statutory auditors. The auditors issued an unqualified review report, noting compliance with SEBI Listing Regulations requirements.

The company maintains its focus on domestic logistics services including express delivery and warehousing, while discontinuing its fuel stations business. The results reflect the impact of the composite scheme of arrangement involving business restructuring that was approved by the National Company Law Tribunal on October 10, 2025.

Allcargo logistics has announced a key leadership change with the resignation of its National Head – Sales and Marketing. The company formally notified stock exchanges about this senior management personnel departure on January 29, 2026.

Senior Management Departure Details

Mayank Dwivedi, who served as National Head – Sales and Marketing, submitted his resignation citing personal reasons. The resignation became effective from the close of business hours on Thursday, January 29, 2026.

Resignation Process and Approval

In his resignation email, Dwivedi explained that the decision followed careful consideration and mutual discussions with the organization over several weeks. He emphasized that the decision reflected his personal alignment needs rather than any issues with the company or its people.

Key aspects of the resignation process included:

• Dwivedi requested immediate relief from duties despite a standard two-month notice period
• Managing Director & CEO Ketan Kulkarni approved the resignation and waived the notice period
• The executive committed to ensuring a smooth and professional transition
• Company Secretary Shekhar R Singh handled the regulatory compliance notifications

Regulatory Compliance

Allcargo Logistics fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations by notifying both BSE and NSE about the senior management change. The company provided all requisite details as prescribed under the Securities and Exchange Board of India Master Circular dated November 11, 2024.

Executive's Statement

Dwivedi expressed gratitude for the opportunity and trust placed in him during his tenure. He described his decision as "an honest acknowledgement of my own alignment" while maintaining respect for the organization and its people. The departing executive emphasized his commitment to maintaining professionalism throughout the transition period.