Please refer enclosed intimation.
Awaiting price reaction for this filing.
Allcargo Gati reported its Q1FY26 (quarter ended June 30, 2025) results for its express distribution business housed under GESCPL. Revenue came in flat at Rs. 357 cr (down 0.3% YoY and 7% QoQ from Rs. 385 cr). Despite weak top-line, the company highlighted operational improvements with EBITDA margin expanding 116 basis points versus Q4FY25 and gross margin improving 171 bps quarter-on-quarter. EBITDA stood at Rs. 14 cr, up 18% QoQ but down 26% YoY. Management attributed the improvement to cost optimization, onboarding of larger enterprise clients, and tech-driven productivity gains from platforms like HubEye and Gate Scan.
Mixed signals for shareholders – revenue continues to decline both YoY and QoQ, but improving margins and cost discipline suggest bottom-line stabilization in the near term; the stock may react to whether margin expansion can offset topline weakness in coming quarters.