As per letter attached
Awaiting price reaction for this filing.
Allcargo Gati has filed its Annual Report for FY 2024-25 with the exchanges, along with the notice for its 30th AGM scheduled for September 25, 2025 via video conferencing. The report highlights strong operational performance: EBITDA grew 34% year-on-year to Rs. 98.6 crore with margins expanding by 110 basis points, while profit after tax nearly tripled from Rs. 6.1 crore to Rs. 12 crore (up 181%). Total income rose modestly to Rs. 1,738.2 crore, and debt was sharply reduced from Rs. 144.3 crore to Rs. 19.4 crore. Key management changes include Mr. Ketan Kulkarni taking over as Managing Director & CEO from August 5, 2025, replacing Mr. Shashi Kiran Shetty. The AGM will also seek approval to appoint a new secretarial auditor and re-appoint an independent director.
The filing is procedural but the embedded annual report signals a clear turnaround story — improving margins, sharply higher profits, and a major debt reduction, which are positive for shareholders. The leadership transition and planned consolidation with Allcargo Group's contract logistics business are key forward-looking items to watch.