AVG Logistics Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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AVG Logistics submitted unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. Standalone revenue from operations grew marginally by about 1.5% year-on-year to Rs. 12,448.34 lakhs, while profit after tax fell around 4.6% to Rs. 492.97 lakhs compared to Rs. 516.76 lakhs in the same quarter last year. Consolidated revenue rose to Rs. 12,502.15 lakhs and consolidated PAT came in at Rs. 497.42 lakhs, down from Rs. 520.97 lakhs. Employee benefit expenses jumped sharply by nearly 29.5% year-on-year on a standalone basis, which appears to be the main reason for the PAT dip despite stable operating costs. Statutory auditor MSKA & Associates issued an unmodified (clean) limited review report on both sets of results. The Board also approved the 16th AGM for September 30, 2025, appointed M/s K Vivek & Co. as the new Secretarial Auditor for five years, and finalised the Board Report for FY25.
A flat-to-weak quarter — top-line growth was minimal and bottom-line slipped due to a sharp rise in staff costs, which may worry investors looking at margin trends. The clean auditor report, smooth AGM scheduling and new secretarial auditor appointment suggest normal governance continuity with no immediate red flags for shareholders.