Allcargo Logistics, one of India’s largest publicly listed logistics companies, has announced its financial results for the fourth quarter and full financial year ended March 31, 2025. The company reported consolidated revenue of Rs 3,952 crore for Q4FY25, marking an 18 per cent year-on-year growth. Consolidated Ebitda stood at Rs 115 crore, up 17 per cent compared to the same period last year.
Volume Growth and Business Performance
The company’s LCL (Less than Container Load) volume for FY25 stood at 8.90 million CBM, reflecting a marginal growth of 1 per cent over FY24. FCL (Full Container Load) volumes rose 7 per cent year-on-year, totalling 648,000 TEUs. In Q4FY25, LCL volumes declined 3 per cent compared to Q4FY24, while FCL volumes grew by 2 per cent during the same period.
Air freight volumes showed a significant surge, with FY25 air volumes reaching 33.63 million kilos — a 30 per cent increase over the previous year. Q4FY25 alone saw a robust 51 per cent growth in air freight volume over Q4FY24.
Despite a volatile international trade outlook driven by global geopolitical uncertainties, Allcargo remains optimistic, citing recent advancements and negotiations that indicate potential recovery in global trade volumes.
Strong Gains in Contract Logistics and Express Business
The company’s Contract Logistics division reported a notable 48 per cent growth in revenue over the previous financial year. However, Ebitda growth was limited to 2 per cent, primarily due to underutilised operational capacity, which the management expects to optimise in the upcoming quarters.
In its Express Business, operated through Gati Express Supply Chain (GESCPL), Allcargo posted FY25 revenue of Rs 1,510 crore, up 2 per cent from the previous year. Ebitda for the segment jumped 34 per cent, and gross profit grew 5 per cent. The gross profit margin for the year stood at 25.4 per cent, an increase of 80 basis points, while Ebitda margin improved by 110 basis points to 4.8 per cent.
Strategic Restructuring and Future Outlook
Allcargo Logistics and its group companies have recently proposed a composite scheme of arrangement. Under the restructuring, the International Supply Chain (ISC) business will be demerged into a separate listed entity — Allcargo Worldwide. Simultaneously, the Express and Contract Logistics businesses will be merged into Allcargo Logistics.
Post-restructuring, the Allcargo Group will comprise four publicly listed strategic entities: Allcargo Worldwide Limited, Allcargo Logistics Limited (post-ISC demerger), Allcargo Terminals Limited, and TransIndia Real Estate Limited. The group is confident that this move will enhance strategic clarity and unlock shareholder value, with all entities well-positioned to tap into emerging market opportunities.
Allcargo Logistics, part of the Allcargo Group, is a global market leader in LCL consolidation through its ECU Worldwide network. The company is a recognised leader in express logistics, contract logistics, and integrated supply chain services. Known for digitisation, operational excellence, and a strong customer focus, Allcargo operates from over 300 offices across 180 countries.
