AVG Logistics Secures Long Term Transport Contract From Haldiram Nagpur
ECONOMY & POLICY

AVG Logistics Secures Long Term Transport Contract From Haldiram Nagpur

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code