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Allcargo Logistics Limited ( (IN:ALLCARGO) ) has issued an update.
Allcargo Logistics Limited reported an 11% revenue growth for the first half of the fiscal year 2026, following the merger of its domestic supply chain business. The company has undergone a strategic restructuring, integrating its express distribution and contract logistics operations, which has resulted in improved financial performance, including a 9% quarter-on-quarter revenue increase and an 88% rise in Profit Before Tax. The restructuring has also led to key leadership changes, with Ketan Kulkarni appointed as Managing Director and CEO, and Deepak Pareek as CFO. This strategic move is expected to enhance service quality, customer acquisition, and operational efficiency, positioning Allcargo for robust growth in the future.
More about Allcargo Logistics Limited
Allcargo Logistics Limited operates in the logistics industry, focusing on express distribution and contract logistics services. The company has recently consolidated its domestic supply chain operations, enhancing its market presence and operational efficiency.
Average Trading Volume: 243,777
Technical Sentiment Signal: Hold
Current Market Cap: 12.86B INR
Learn more about ALLCARGO stock on TipRanks’ Stock Analysis page.