Allcargo Logistics shares rally 15% after Q1 profit jumps 258% YoY to Rs 31 crore

According to a regulatory filing with the BSE, the logistics provider reported its highest-ever quarterly revenue across both its Express Distribution and Contract Logistics businesses, supported by pricing stability and healthy volume growth.

The Express Distribution business posted 13.5% year-on-year revenue growth in Q1FY27, driven by improved operational performance and enhanced service quality. Meanwhile, the Contract Logistics business recorded 6% year-on-year revenue growth during the June quarter, supported by efficiency-led growth, 99% service quality adherence, a strong customer retention rate, expansion across diverse industry sectors, and new business opportunities.

Managing Director and CEO Ketan Kulkarni said the Q1FY27 performance reflects the strength of disciplined execution across the company’s businesses.

“Beyond achieving our highest-ever quarterly revenue in both Express Distribution and Contract Logistics, what is particularly encouraging is that this growth has been driven by a healthy combination of higher shipment volumes, stronger customer relationships and sustained operational improvements,” he said.

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Kulkarni added that the company’s service equation-led pricing approach improved yields during the quarter, while over 99% service quality adherence resulted in a strong customer retention rate.

He also said the company is progressively leveraging AI-driven analytics and data-led decision-making to enhance demand forecasting, optimise network planning, improve shipment visibility, and enable faster, more informed operational decisions across its logistics network.Building on the momentum achieved during the first quarter, Allcargo Logistics expects business activity to strengthen further in the second and third quarters, particularly during the upcoming festive season, according to the BSE filing.

“Continuous network optimisation, improved routing efficiencies, disciplined cost management and better asset utilisation have strengthened our operating leverage and profitability. Going forward, we will continue to accelerate the use of AI, digital technologies and data intelligence across our operations and build a more agile and resilient supply chain,” Kulkarni added.

The company said it remains focused on sustaining profitable growth through disciplined pricing, superior customer experience, operational excellence and deeper market penetration across both its Express Distribution and Contract Logistics businesses, while maintaining a prudent growth strategy.

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