Orissa Bengal Carrier Reports 83.8% Surge in Q1 Profit, Schedules AGM

Orissa Bengal Carrier Ltd. (OBCL) has reported a significant increase in its consolidated profit for the quarter ended June 30, alongside announcing key corporate events and board changes.

Financial Performance

The company's unaudited financial results for Q1 reveal a robust performance:

OBCL's consolidated profit surged to ₹186.96 lakhs, marking an impressive 83.8% increase from ₹101.72 lakhs in the same quarter last year. The company's revenue from operations also saw a healthy growth of 13.0%, rising to ₹8,522.28 lakhs from ₹7,542.58 lakhs year-over-year.

Segment Performance

The company operates in two business segments:

1. Road Transportation Service: This segment generated revenue of ₹7,719.41 lakhs in Q1 2025.
2. Trading Business: This newer segment, which became reportable in December 2024, contributed ₹802.87 lakhs to the quarter's revenue.

Corporate Updates

OBCL's Board of Directors, in a meeting held on August 13, 2025, approved several key matters:

1. Annual General Meeting: The 30th AGM is scheduled for September 12, 2025, at 11:00 AM at the company's corporate office in Raipur.

2. Board Reappointment: Mr. Gopal Kumar Agrawalla has been reappointed as a Non-Executive Director, subject to shareholder approval at the upcoming AGM.

3. E-Voting: Remote e-voting for shareholders will be conducted from September 8 to September 11, 2025.

4. Scrutinizer Appointment: M/s. Anil Agrawal and Associates, Practicing Company Secretaries, have been appointed as scrutinizers for the e-voting process.

Director Profile

Mr. Gopal Kumar Agrawalla, proposed for reappointment, is a Chartered Accountant with over 30 years of experience. His expertise spans taxation, audit, compliance, and business advisory services. Mr. Agrawalla has played a significant role in structuring various businesses and has experience across diverse sectors including Logistics, Agriculture, Iron & Steel, and BFSI.

Conclusion

Orissa Bengal Carrier Ltd.'s strong Q1 2025 performance, coupled with its strategic moves in corporate governance, positions the company for continued growth. The introduction of the trading business segment and the reappointment of experienced leadership signal the company's commitment to diversification and stability in its operations.