AVG Logistics Ltd Share Price – NSE /  BSE

Logistics, Small Cap

Net profit of AVG Logistics rose 14.79% to Rs 5.51 crore in the quarter ended December 2024 as against Rs 4.80 crore during the previous quarter ended December 2023. Sales rose 14.16% to Rs 142.44 crore in the quarter ended December 2024 as against Rs 124.77 crore during the previous quarter ended December 2023.

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AVG Logistics will hold a meeting of the Board of Directors of the Company on 12 February 2025.

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AVG Logistics has allotted 1,40,000 equity shares on conversion of warrants on 15 December 2024. Consequently, the paid up equity share capital has increased to 14,86,27,200 (comprising of 1,48,62,720 equity shares of face value of Rs. 10 per equity share).

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AVG Logistics has successfully secured a prestigious order from one of the most renowned cement companies in India. This major development would strengthen AVG's market position and expected to add approximately Rs. 90 crore over a period of 3 years to the company's annual revenue started from Q3 FY 2025.

The newly inked agreement is a significant milestone for AVG Logistics, marking the company's entry into rapidly growing cement industry and will be initiated in a phased manner w.e.f. Q3 2025. With cement being one of the most essential sectors in India's construction and infrastructure growth, the deal would help and positions AVG to expand its horizon into cement industry.

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