Total revenues increased over threefold to Rs 160.46 crore from Rs 51.95 crore in October-December FY24
New Delhi: Tiger Logistics (India) Ltd on Tuesday reported over twofold rise in consolidated profit after tax at Rs 8.42 crore for the December quarter, helped by increased deliveries.
It had posted Rs 3.68 crore profit after tax (PAT) for the year-ago quarter, the company said in an exchange filing.
Total revenues increased over threefold to Rs 160.46 crore from Rs 51.95 crore in October-December FY24.
Delivery volumes expanded by 27.8% to 16,711 TEUs (twenty-foot equivalent units) in Q3 FY25, compared to 13,071 TEUtwenty-foot4. Air transport volumes also more than doubled to 95,290 kilograms as opposed to 43,396 kilograms in Q3 FY24.
CMD Harpreet Singh Malhotra said during kilograms, the company entered into strategic partnerships with government organizations like HPCL, BHEL and BEML.
“With an in-principle approval to raise Rs 400 crore and a clear roadmap for accelerated growth, Tiger Logistics is well-positioned for continued success and innovation,” he said.
Tiger Logistics (India) Ltd is a leading logistics player with expertise in handling the import and export of cargo and projects.
