Allcargo Logistics Limited has announced a refreshed leadership team and robust financial performance following the completion of a major corporate restructuring that unified its domestic supply chain businesses. The new structure, effective 1 November after approval of a Composite Scheme of Arrangement by the National Company Law Tribunal (NCLT), consolidated the company’s domestic express distribution and contract logistics operations under Allcargo Logistics Limited, while its international supply chain business was demerged into a separate entity.
On 15 November, the board appointed Ketan Kulkarni as Managing Director and Chief Executive Officer and Deepak Pareek as Chief Financial Officer, marking the start of a new phase of integrated operations.
Healthy Growth in First Consolidated Earnings
In its first financial results since the reorganisation, Allcargo Logistics reported 11% revenue growth for the first half of FY26, crossing the ₹1,000-crore mark. For the quarter ended 30 September, revenue was up 9% sequentially, while EBITDA rose 23% and profit before tax jumped 88% compared to the previous quarter.
The express distribution business posted 6% year-on-year revenue growth, supported by a sharp 32% increase in EBITDA, driven by profitable route selection and network optimisation. The contract logistics segment delivered even stronger gains, with revenue up 25% and EBITDA rising 22%, aided by new mandates in the e-commerce and chemicals sectors.
Unified Strategy to Drive Growth
Kulkarni attributed the improved performance to operational discipline and enhanced service capabilities.
“We have demonstrated healthy numbers on the back of growth in the express logistics and contract logistics businesses,” he said.
He added that revenue growth reflected “enhanced service quality, new customer addition for both express logistics and contract logistics segment, along with our continued enhancement in technology and digitalisation that are further strengthening operational efficiency and service reliability.”
The company expects the strong second-quarter momentum in express logistics to continue through the remainder of the financial year, with additional growth anticipated in contract logistics as new customer contracts ramp up.
The record date for determining shareholder eligibility for securities in the demerged and merged entities was set for 12 November 2025.
