Allcargo Global Ltd

Allcargo Global Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a consolidated revenue of ₹3,522 crore, a 20.8% sequential growth from Q4 FY26. EBITDA increased significantly by 94.1% QoQ to ₹33 crore, driven by cost management and yield improvement. LCL volumes grew 4.9% QoQ, with FCL and Air volumes also showing positive growth. This marks the company's first quarterly result as an independently listed entity post its BSE and NSE listing on July 3, 2026, following a group restructuring and demerger.

Allcargo Global Ltd's Board of Directors has approved a change in the company's financial year to align with a January 1 to December 31 calendar year. This strategic move aims to facilitate the consolidation of accounts with its foreign subsidiaries. The proposed change is subject to approval from relevant statutory authorities. Consequently, the financial year beginning April 1, 2026, will now conclude on December 31, 2026, spanning nine months. Future financial years will follow the January-December cycle. This information will be updated on the company's website.

Allcargo Global Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors at a meeting held on August 14, 2026. The company has submitted these results along with a limited review report from its statutory auditors, S. R. Batliboi & Associates LLP. The financial statements were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting". The comparative financial information for the corresponding quarter ended June 30, 2025, and the preceding quarter ended March 31, 2026, were also approved but not subjected to review or audit by the auditors as per current regulations.

Allcargo Global Limited — the demerged International Supply Chain (ECU Worldwide) business of Allcargo Logistics, listed on BSE/NSE only on July 3, 2026 — reported its first results as an independent company for the quarter ended June 30, 2026 (Q1 FY27). Consolidated revenue was ₹3,522 Cr, up 5.8% YoY from ₹3,330 Cr and up 20.8% QoQ from ₹2,915 Cr, matching management's own 20.8% sequential-growth claim. Consolidated net loss attributable to owners narrowed to ₹34 Cr from ₹90 Cr a year ago and ₹46 Cr in Q4 FY26 (total group loss after tax, including minority interest, was ₹28 Cr vs ₹87 Cr YoY and ₹45 Cr QoQ). Standalone (holding-company-only) results were effectively breakeven — PAT of about nil (EPS ₹0.00) versus a ₹12 Cr standalone profit a year ago and a ₹14 Cr standalone loss last quarter. The YoY improvement is materially a foreign-exchange effect rather than an operating one: Q1 FY26 carried an ₹83 Cr forex loss, while this quarter booked a ₹5 Cr forex gain — an ~₹88 Cr non-operating swing. Stripping that out, consolidated pre-tax loss actually widened to roughly ₹29 Cr this quarter from roughly ₹9 Cr a year ago, i.e. the underlying operating loss trend deteriorated even as the reported bottom line improved. Total expenses grew only 4.1% YoY against 5.8% revenue growth, with employee costs up 7.3% YoY (₹532 Cr vs ₹496 Cr) the main cost-line mover; no exceptional items hit either the current or year-ago quarter (the ₹55 Cr of exceptional charges — severance, an associate-investment impairment, and scheme costs — sat in the FY26 full year, not any quarter being compared here). No consensus/street estimates could be found for this print — unsurprising, since this is the company's debut quarterly result as a standalone listed entity — so vsStreet is unknown. Management has issued no formal quantified guidance either; its press release calls the quarter "an important milestone" as "our first quarter as an independently listed company," citing 20.8% sequential revenue growth against "a global trade environment that remains complex & unpredictable," but does not address the bottom line or the forex swing. Corporate activity was active around the print: the company changed its financial year-end to a January–December calendar (announced same day as results), acquired a 25% stake in promoter-group entity Allcargo Group Services for a nominal ₹1.77 lakh (Jul 8), raised its stake in Ecunordicon AB to 99.99% via a further 10% purchase for ₹17.35 Cr (Jul 28), and sold its 48.28% stake in step-down subsidiary Comptech Solutions to TransIndia Real Estate for ₹23.59 Cr (Jul 9) — none of which flow through this quarter's P&L. Separately, the company provisioned ₹1.21 Cr against a ₹5.61 Cr tax demand tied to an Allcargo Logistics assessment order, with the ₹4.40 Cr balance under appeal. Going forward, the fiscal-year change to January–December means the next reported period is likely to be a transition/stub period rather than a clean quarter, complicating YoY comparability, and the durability of the loss-narrowing narrative hinges on whether the forex tailwind persists or reverses.

Allcargo Global Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. Additionally, the company has informed about the closure of its trading window from July 1, 2026, to August 16, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. The intimation will be available on the company's website.

Allcargo Global Ltd's wholly-owned subsidiary, Ecu Global N.V., has acquired an additional 10% stake in ECUnordicon AB (formerly ECU Worldwide (Nordicon) AB) for SEK 17,600,000. This acquisition, completed on July 28, 2026, brings Ecu Global N.V.'s total shareholding in ECUnordicon AB to 100%. The target entity operates in the Multimodal Transportation & Warehousing industry, with a net revenue of SEK 462,555,733 for the Jan-Dec 2025 period. The acquisition was executed via a put option in a prior shareholders' agreement. No governmental or regulatory approvals were required.

Allcargo Global Ltd announced that its step-down wholly owned overseas subsidiary, ECU Worldwide New Zealand Limited, has been removed from the Companies Register New Zealand Companies Office effective July 23, 2026. The subsidiary was an inactive entity, with its business operations transitioned to an agency arrangement. This removal means it is no longer a subsidiary of Allcargo Global. The financial impact is minimal, with revenue from operations at €3,529 (0.00% of total) and a net worth of (€256,984) (-0.21% of total) as of December 31, 2025.

Allcargo Global Limited has acquired a 25% equity stake in Allcargo Group Services Private Limited (formerly Allcargo Warehousing Management Private Limited) for ₹3,53,480. The acquisition, completed on July 8, 2026, was made on a private placement basis at ₹1,76,840 per share. This transaction makes the Target Entity an associate company. The move aims to centralize corporate and shared service costs among group entities, enhancing operational efficiency and resource optimization. The acquisition falls under related party transactions but is conducted at arm's length.

Acacia Banyan Partners and associated entities (Acacia Partners, LP, Acacia II Partners, LP, Acacia Institutional Partners, LP, and Acacia Conservation Fund LP) have disclosed a substantial acquisition of shares in Allcargo Global Limited. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reveals that these entities collectively acquired 54,189,500 equity shares, representing 5.51% of the company's total diluted share capital. The acquisition details, including the mode and date, are provided in the filing. This move signifies a notable change in the shareholding pattern of Allcargo Global.

Allcargo Global Ltd has announced a significant shareholding change following a Composite Scheme of Arrangement. Shashi Kiran Shetty and associated persons have acquired 62,19,51,585 equity shares, representing 63.28% of the total share capital. This acquisition is a result of the demerger scheme approved by the National Company Law Tribunal and subsequent listing of shares on BSE and NSE effective July 3, 2026. The filing is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.