EBITDA increased 19% YoY to INR1.2b, while APAT grew 27% YoY to ~INR1b (est. INR1b). Supply chain revenues grew 14.8% YoY, while the freight /division and seaways divisions reported ~19%/9% YoY ...
The performance for 3QFY25 was in line with Motilal Oswal’s estimates, with strong growth from the supply chain and seaways segments, both expected to continue expanding in the future.