AVG Logistics, a multimodal logistics solutions provider, reported a decline in its net profit by 5.51% at ₹5.08 crore in the second quarter of the fiscal year (Q2 FY26) as against ₹5.37 crore during the previous quarter ended September 2024.
For the Q2 FY26, the company’s revenue from operations increased by over 3% to ₹143.03 crore, up from ₹138.46 crore in Q2 FY25.
Operational efficiency was reflected in a robust 18% year-on-year rise in EBITDA, which stood at ₹26.26 crore, compared to ₹24.42 crore in the previous year.
Sanjay Gupta, Managing Director & CEO of AVG Logistics said, “During Q2 FY26, we continued to deliver a stable performance with revenue from operations rising to ₹143.03 cr, supported by consistent execution across our multimodal logistics network. Our focus on
operational efficiency helped in maintaining healthy margins, with EBITDA of ₹26.26 crore.”
The company’s performance for the first half of FY26 (H1 FY26) also showed resilience. Revenue from operations reached ₹268.05 crore, marking a 2.6% growth from ₹261.37 crore in H1 FY25.
EBITDA for the half-year increased by 5.2% to ₹50.54 crore (up from ₹48.04 crore in H1 FY25), further a strong EBITDA margin of 18.85%.
However, Profit Before Tax (PBT) for H1 FY26 was marginally lower at ₹13.57 crore compared to ₹13.68 crore in the same period last year.
Gupta added, “As we progress into the second half of the year, we remain committed to continue growth potential by strengthening customer relationships, enhancing service capabilities, and deepening our presence across high-potential logistics corridors. We expect these initiatives to support consistent revenue visibility and reinforce our position in the industry.”
AVG Logistics invested approximately ₹26 crore in capital expenditure (CAPEX) in the first half of the year, adding 77 fleet vehicles to its network.