NIFTY23,4060.33%
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BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
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NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Tiger Logistics (India) Posts Mixed Q1 Results

Shares of Tiger Logistics (India), a smallcap firm, will remain in focus on Friday following the company's announcement of its March quarter earnings. Revenue from operations rose 41.96 percent to Rs 162.54 crore in the quarter ended March 2026, compared with Rs 114.50 crore in the corresponding quarter of the previous fiscal.

The company's sales increased 6.81 percent to Rs 572.82 crore for the full year ended March 2026, from Rs 536.31 crore in the previous financial year. However, net profit declined 65.53 percent to Rs 2.22 crore in the March quarter, against Rs 6.44 crore in the year-ago period, primarily due to higher expenses.

Tiger Logistics (India) has been awarded a one-year import logistics contract valued at around Rs 2 crore by Bank Note Paper Mill India Private Limited. Under this contract, the company will manage freight forwarding through air and sea routes, customs clearance, and inland transportation operations to the Mysuru plant for shipments arriving via Bangalore Airport, Chennai Seaport, and Bangalore ICD. The consignments will originate from several countries, including Germany, France, Denmark, Switzerland, the Czech Republic, the Netherlands, the United States, Canada, Italy, Singapore, Finland, Austria, and Thailand.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The company is engaged in international logistics and provides services including freight forwarding, defence and project logistics, transportation, and customs clearance.

Investor Takeaway

Investors should keep an eye on Tiger Logistics' Q4 results for potential market impact.

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