Tiger Logistics Q1 FY26 Revenue Up 1.3% to Rs 102.5M

08 Aug 2025 CW Team

Tiger Logistics (India) Limited announced its unaudited financial results for Q1 FY26, reporting revenue of Rs 102.5 million, a modest year-on-year (YoY) growth of 1.3 per cent. Despite a 10.5 per cent quarter-on-quarter (QoQ) decline due to weaker air transport demand, the company demonstrated resilience with improved profitability.

Key Financial Highlights:

EBITDA rose 14 per cent YoY to Rs 5.9 million, with margins improving to 5.8 per cent.
Profit After Tax (PAT) stood at Rs 4.7 million, up 1.8 per cent YoY.
Container volumes grew 6.2 per cent YoY to 18,256 TEUs, while air transport volumes fell sharply to 72,091 units.

Operational Performance:

The company’s diversification strategy paid off, with the top five customers contributing 51 per cent of revenue, down from previous levels. This reflects reduced dependency on a concentrated client base and enhanced stability.

Management Insight:

Mr. Harpreet Singh Malhotra, Chairman & MD, highlighted the company’s steady performance amid global economic challenges. He emphasised optimism for the sector, citing government initiatives like the National Logistics Policy and infrastructure investments as long-term growth drivers.

Outlook:

While global uncertainties and fuel prices pose risks, Tiger Logistics remains confident in its tech-driven, asset-light model. The firm continues to focus on innovation and sustainability to strengthen its market position.

Infrastructure Urban

10 Mar 2026

MRF To Invest Rs 53 bn In Tamil Nadu Tyre Plant

MRF has signed a memorandum of understanding with the Tamil Nadu government to establish a greenfield manufacturing facility for automotive tyres and allied products at Sipcot Industrial Park in Sivaganga district. The plant will be the company's fourth in the state after units in Tiruvottiyur, Perambalur and Arakonam. The proposed project envisages an estimated investment of about Rs 53 billion (bn) over 12 years and is expected to generate direct employment for approximately 1,000 people. The memorandum is non-binding and subject to sanction of a customised incentive package, infrastructure ..

UltraTech Appoints Jayant Dua As MD-Designate For 2027

UltraTech Cement has appointed Jayant Dua as managing director (MD) designate who will take charge in 2027, the company announced. The appointment signals a planned leadership transition at one of the country's largest cement manufacturers. The board has set a clear timeline for the handover and has framed the move as part of a structured succession plan. Jayant Dua will be referred to as MD after assuming the role and will be responsible for overseeing operations, strategy and growth initiatives across the company's network. The company said the designation follows established governance norm..

Ramky Wins Rs 14.0184 bn EPC Contract for Dighi Port Project

Ramky Infrastructure Limited has entered into an Engineering, Procurement and Construction (EPC) agreement with Maharashtra Industrial Township Limited (MITL) to deliver infrastructure works for Dighi Port Industrial Area (DPIA) Phase I under the Delhi Mumbai Industrial Corridor (DMIC). The contract value is Rs 14.0184 bn inclusive of GST and Operations and Maintenance (O&M) revenues. The project requires completion within 930 days from the appointed date. MITL is a special purpose vehicle formed with equity participation of the Government of India and the Maharashtra State Government to devel..