Western Carriers Reports Steady Q2 With Revenue Up 6 Per Cent

18 Nov 2025 CW Team

Western Carriers (India) Limited, one of India’s largest multimodal, rail-focused and asset-light 4PL logistics companies, has announced its unaudited financial results for the quarter ended 30 September 2025.

Key Financial Highlights Revenue from operations in Q2 FY26 stood at Rs 4.40 billion, compared with Rs 4.16 billion in Q1 FY26. EBITDA for Q2 FY26 was Rs 190 million, delivering an EBITDA margin of 4.3 per cent, while Q1 FY26 EBITDA stood at Rs 210 million with a margin of 5.0 per cent. Profit After Tax for Q2 FY26 was Rs 90 million, with a PAT margin of 2.0 per cent, compared with Rs 110 million and 2.6 per cent in Q1 FY26.

Management Commentary Chairman and Managing Director Mr Rajendra Sethia said the company continues to strengthen its position as a trusted multimodal logistics partner, offering integrated and scalable solutions across India’s evolving supply-chain ecosystem.

“Despite a challenging global geopolitical environment, our Q2 FY26 revenue rose 6 per cent quarter-on-quarter to Rs 4.40 billion, with EBITDA at Rs 190 million and PAT at Rs 90 million,” he said.

He added that Western Carriers’ multimodal network ensured consistent service reliability despite monsoon-related disruptions and GST adjustments. The commissioning of the company’s Gati Shakti Multi Modal Cargo Terminal at Devaliya Station near Morbi has enhanced service offerings from this key Gujarat industrial cluster to customers across India, including corporates and MSMEs.

Looking ahead, the company plans to expand its service offerings, accelerate automation, and deliver scalable, technology-driven logistics solutions that support India’s industrial growth and create long-term stakeholder value.

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