Navkar Corporation delivered exceptional quarterly performance, marking a complete turnaround from the previous year with strong revenue growth and significantly improved operating metrics. The integrated logistics solutions provider demonstrated robust business momentum across its operations during the December quarter.

Financial Performance Highlights

The company's financial transformation was evident across key metrics, with profitability returning after the previous year's losses.

Operating Performance Strengthens

The company's operating performance showed material improvement, with EBITDA margins expanding dramatically to 18% from 6% in the corresponding quarter last year. This significant margin expansion reflects improved operating leverage and enhanced cost efficiency across the business operations. The EBITDA surge to ₹33.60 crore from ₹7.30 crore previously demonstrates the company's ability to scale operations effectively while maintaining cost discipline.

Market Response

The strong earnings performance translated into positive market reaction, with shares of Navkar Corporation trading at ₹112.97 on the NSE, representing a gain of nearly 14% following the earnings announcement. The stock reached an intraday high of ₹113.98, reflecting investor confidence in the company's improved financial performance and operational turnaround.

Business Operations

Navkar Corporation operates as an integrated logistics solutions provider in India, with comprehensive operations spanning multiple segments:

• Container Freight Stations for cargo handling
• Private Freight Terminals for logistics operations
• Inland Container Depots for container management
• Import and export cargo handling services
• Warehousing and customs clearance services
• Container train operations with dedicated railway infrastructure

The company's multimodal transport capabilities, supported by dedicated railway lines, position it well to serve the growing logistics demand in the Indian market.

Navkar Corporation Limited has delivered impressive financial performance in Q3FY26, demonstrating a strong turnaround with significant growth in revenue and profitability. The company announced its unaudited financial results for the quarter ended December 31, 2025, showing substantial improvement across all key financial metrics.

Financial Performance Overview

The company's quarterly performance reflects robust operational efficiency and market recovery. Revenue from operations increased substantially while the company successfully returned to profitability after previous year losses.

Nine-Month Performance Analysis

The nine-month results further validate the company's strong operational momentum and strategic execution. The period from April to December 2025 showed consistent improvement compared to the corresponding period in the previous year.

Operational Efficiency Improvements

The company demonstrated improved cost management and operational leverage during the quarter. Total expenses for Q3FY26 stood at ₹17,113.55 lakhs compared to ₹13,996.51 lakhs in Q3FY25, representing a proportionally lower increase than revenue growth.

Key expense components showed the following trends:

• Operating expenses increased to ₹13,282.41 lakhs from ₹10,014.36 lakhs
• Finance costs decreased to ₹421.82 lakhs from ₹509.48 lakhs
• Employee benefits expenses rose to ₹1,189.88 lakhs from ₹1,077.05 lakhs
• Other expenses reduced significantly to ₹764.31 lakhs from ₹1,123.44 lakhs

Business Segment and Corporate Governance

Navkar Corporation operates in Container Freight Station (CFS) and Inland Container Depot (ICD) operations and related activities. The company functions as a single operating segment based on Ind AS 108 Operating Segments guidelines. The Board of Directors approved these results in their meeting held on January 13, 2026, with the statutory auditors providing an unmodified review opinion.

Financial Position and Outlook

The company maintains a stable capital structure with paid-up equity share capital of ₹15,051.92 lakhs, consisting of shares with a face value of ₹10 each. The strong quarterly performance and nine-month turnaround indicate improved business fundamentals and operational efficiency in the logistics and container handling sector.