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Western Carriers (India) Ltd Q3 FY25 Results

WCILQ3 FY25 Results
Filing
MetricValue (₹ Cr)vs Q2 FY25
Revenue443.002.7%
Total Income448.103.4%
Expenditure430.295.5%
PBT17.8130.2%
Net Profit13.2030.4%
OPM0.46%2.13pp
NPM2.94%1.43pp
EPS1.1152.4%
View full financials

Western Carriers (India) Ltd Reports Stable Revenues Despite Global Challenges

08 Feb 2025 · 8 Feb 2025, 06:57 pm

Summary

Western Carriers (India) Ltd, a leading 4PL asset light multi model logistics company, announced its unaudited financial results for the quarter and nine months ended December 31, 2024. Despite major global geopolitical challenges, the company reported stable revenues, driven by a 24% growth in domestic container volumes, which offset a 15% decline in exim container volumes. The company anticipates double-digit growth in Q4 YoY basis.

Management Comments

M

Mr. Kanishka Sethia

Promoter, Whole time Director and CEO, WCIL

Our revenues remained stable over the first nine months of the year despite major global geopolitical challenges affecting exim volumes. Domestic container volumes grew by approx. 24%, successfully offsetting a 15% approx. decline in exim container volumes for 9MFY24. The situation has now improved, and we anticipate double-digit growth in Q4 YoY basis. Despite industry challenges, strong client relationships, customer-focused solutions, and new partnerships with leading manufacturers have created a strong foundation for future growth.

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