Logistic Stock Reports Q3 FY25 Revenue Growth of 3.1x, PAT Surges 2.3x YoY

Logistic Stock Reports Q3 FY25 Revenue Growth of 3.1x, PAT Surges 2.3x YoY

The share price of Tiger Logistics India began Tuesday at Rs 71 on the BSE, up 8% from the previous close of Rs 65.65. The market grabbed the attention of the small-cap stock after it announced outstanding financial results for the quarter that ended in December 2024. The international logistics business Tiger Logistics (India) Limited, which is listed on the BSE, released its unaudited financial results on Monday for the Q3 and 9M FY25 period, which ended on December 31, 2024.

Revenue for the firm climbed 3.1 times year on year to Rs 16,046.6 lakh in Q3 FY25 from Rs 5,195.0 lakh in Q3 FY24. EBITDA improved 2.5 times year on year to Rs 978.4 lakh in the quarter under review from Rs 397.6 lakh in the year-ago quarter. In contrast, EBITDA margins are 6.1%. In comparison to the Rs 368.4 lakhs recorded in the same quarter of FY24, the company’s net profit jumped 2.3 times year on year to Rs 842.3 lakh, with a 5.2% margin. Revenue for the nine months came to Rs 42,180.0 lakh, which is a 2.9 times YoY rise. With a 4.9% margin, the nine-month PAT climbed by 2.3x YoY to Rs 2,058.3 lakh.

In Q3 FY25, the company’s quarterly TEU volume grew by 27.8% YoY to 16,711 TEUs from 13,071 TEUs in Q3 FY24. In the 9M FY25, the company’s TEU volume improved by 44.0% YoY to 50,678 TEUs from 35,202 TEUs in 9M FY24. While the 9M FY25 air transport volume expanded to 3,33,262 kg, exceeding 3,02,717 kg in FY24, Tiger Logistics reported that its air transport volume surged 2.2x YoY in Q3 FY25, hitting 95,290 kg as opposed to 43,396 kg in Q3 FY24.

Mr. Harpreet Singh Malhotra, Chairman & MD of Tiger Logistics (India) Limited said, “I am pleased to share that Tiger Logistics has demonstrated exceptional growth and resilience in the quarter, marking a significant milestone in our journey. Our TEUs volume saw a remarkable 27.8% YoY increase in Q3 FY25. During the quarter our revenue surged by 3.1 times YoY, while EBITDA grew 2.5 times, maintaining a healthy 6.1% margin. Net profit saw a robust 2.3 times YoY increase, reaching ₹842.3 lakh in Q3 FY25, underscoring the strong fundamentals driving our business.”

“Additionally, our upgraded credit rating from IVR reinforces the strength of our financial position and growth potential. We are proud of the strategic partnerships we’ve cultivated, including collaborations with government organizations like HPCL, BHEL, BEML, and BNPLIPL, all of which have enhanced our logistics capabilities. With an in-principle approval to raise ₹400 crore and a clear roadmap for accelerated growth, Tiger Logistics is well-positioned for continued success and innovation. We remain dedicated to delivering sustainable growth and value to our stakeholders, and deeply appreciate your ongoing trust and support in our vision,” he further added.

One of the top global logistics companies, Tiger Logistics (India) Limited, is listed on the BSE and is renowned for its proficiency in managing projects and cargo import and export.

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Original news source Credit: www.goodreturns.in

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