Allcargo Global Limited (AGL) — Announcement | 20 August 2026

Allcargo Global Limited reported Q1 FY27 revenue of INR 3,522 crores, up 5.8% YoY and 20.8% QoQ, driven by volume growth and improved freight rates despite macroeconomic headwinds. Gross profit reached INR 733 crores, with EBITDA turning profitable at INR 33 crores after a prior loss, reflecting cost control and operational efficiencies. The company emphasized its asset-light LCL-focused model, which delivers higher margins and working capital efficiency, while FCL and air cargo volumes faced declines due to geopolitical disruptions. Management highlighted plans to reduce net debt to near zero within 2-3 quarters through asset sales and working capital optimization, targeting sustainable ROCE near 20%. Investor focus remains on volume growth sustainability, margin resilience, and debt reduction trajectory.