AVG Logistics advanced two point eight six per cent to Rs 172.75 after it secured a long term transportation contract with Haldiram Nagpur. The agreement is expected to deepen the company's footprint in the fast moving consumer goods logistics segment and follows a targeted capacity expansion strategy.

Under the contract AVG Logistics will deploy 100 dedicated vehicles to support distribution across western and southern India and key eastern states including Odisha, Bihar and Jharkhand. The engagement has an initial tenure of three years and is expected to generate approximately Rs 350 mn in annual revenue for the company.

The addition of the vehicles is intended to enhance fleet capacity, improve service coverage and reduce turnaround times across major distribution corridors. The company indicated that the contract should raise fleet utilisation, boost operational efficiencies and provide greater revenue visibility over the medium term.

The agreement was finalised by the company's senior strategy and operations executives together with representatives of Haldiram Nagpur and aligns with AVG Logistics' objective to scale operations through long term dedicated contracts with large industry clients. Senior management framed the deal as a validation of its capability to deliver scalable and reliable transportation services.

AVG Logistics, founded in 2010, is a multimodal logistics provider offering technology driven solutions across transportation, warehousing, distribution and third party logistics services. It operates road and rail transport, cold chain and warehousing through 50-plus automated branches nationwide, supported by a workforce of over 600 professionals, a fleet of more than 3,000 vehicles and about 0.732 mn sq ft of warehousing space, serving clients such as Nestle, HUL, ITC and others.

The company's consolidated net profit slipped two per cent to Rs 54 mn on a five point nine per cent decline in revenue from operations to Rs 1.3408 bn in Q3 FY26 compared with the year earlier quarter, underscoring the importance of long term contracts for revenue visibility. The Haldiram Nagpur order is presented as a material step towards strengthening revenue streams and operational scale in the FMCG segment.