Western Carriers
127.98
-0.14(-0.11%)
Market Cap₹1,306.30 Cr
PE Ratio22.90
Company Performance:
1D-0.11%
1M+4.17%
6M+66.49%
1Y-15.81%
5Y-19.73%
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More news about Western Carriers
11Aug 25
Western Carriers Reports Rs 111.83 Million IPO Proceeds Utilization in Q2
Western Carriers (India) Limited has released its monitoring agency report for Q2 2024, detailing the utilization of its IPO proceeds. The company raised Rs 4,928.80 crore through its IPO, with net proceeds of Rs 3,629.38 crore. During the quarter, Rs 111.83 crore was utilized, bringing the total utilization to Rs 2,529.59 crore. Key allocations include Rs 85.51 crore for capital expenditure and Rs 23.43 crore for general corporate purposes. The entire Rs 1,635.00 crore allocated for debt repayment has been used. Unutilized funds of Rs 1,455.74 crore are invested in fixed deposits. CRISIL Ratings Limited reported no deviations from stated objectives.
10Jul 25
Western Carriers (India) Launches Advanced Gati Shakti Multi-Modal Cargo Terminal in Gujarat
Western Carriers (India) Limited has operationalized a state-of-the-art Gati Shakti Multi-Modal Cargo Terminal at Devaliya Station, Gujarat. The 30-acre facility is designed to handle multimodal logistics via Container and Wagon Rake systems. It's strategically located to serve key industries including salt, ceramics, chemicals, agriculture, and MSMEs. The terminal is expected to enhance logistics efficiency for the region's industries, particularly benefiting the Maliya salt industry and Morbi's ceramic sector. The official launch is scheduled for July 16, 2025.
26Jun 25
Western Carriers India Ltd. Secures Rs 558-Crore Logistics Contract, Shares Surge 11%
Western Carriers India Ltd. has won a significant three-year logistics contract worth Rs 558.00 crore from Jindal Stainless Ltd. The company will be responsible for dispatching steel products across India. Following the announcement, Western Carriers' share price surged by over 11%. This contract is expected to boost the company's revenue, enhance its market position, and potentially lead to operational expansions.
04Jun 25
Western Carriers (India) Secures ₹27.73 Crore Order from Jindal Stainless
Western Carriers (India) has won a significant order worth ₹27.73 crore from Jindal Stainless Ltd (JSL). The two-year contract involves container movement inside JSL's Jaipur plant, with Western Carriers hiring trailers on a trip basis. This order is expected to boost the company's revenue, strengthen its market position, and potentially lead to operational expansion.
16May 25
Western Carriers (India) Reports Mixed Q4 Results: Revenue Up, Profits Down
Western Carriers (India) released its Q4 financial results, showing a 7.50% year-over-year revenue increase to 4.30 billion rupees. However, profitability declined significantly with EBITDA falling 43.28% to 249.00 million rupees and net profit dropping 41.74% to 141.00 million rupees. The EBITDA margin decreased from 10.93% to 5.81%, indicating reduced operational efficiency despite revenue growth.
15May 25
Western Carriers Secures Significant ₹70 Crore Order, Boosting Market Position
Western Carriers, a key player in the logistics sector, has won a significant order worth ₹70 crore. This order represents about 8.33% of the company's current market capitalization of ₹840 crore. While specific details about the order and client remain undisclosed, this development is expected to positively impact the company's future revenue streams and market position in the evolving logistics industry.
Western Carriers
127.98
-0.14
(-0.11%)
1 Year Returns:-15.81%
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