Allcargo Logistics Ltd — Earnings Release 2025

Nov 13, 2024

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November 13, 2024

To, Listing Compliance and Legal Regulatory BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 BSE Scrip Code: 532749	To, Listing and Compliance National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 NSE Symbol: ALLCARGO

Dear Sir/Madam,

Sub : Submission of Press Release on Unaudited Standalone and Consolidated Financial Results for quarter and half year ended September 30, 2024

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Press Release on the Unaudited Standalone and Consolidated Financial results for the quarter and half year ended September 30, 2024.

The same is also made available on the website of the Company i.e. www.allcargologistics.com.

You are requested to take the above on record.

Thanking you,

Yours faithfully

For Allcargo Logistics Limited

DEVANAND Digitally signed by DEVANAND PARSHOTTA PARSHOTTAM MOJIDRA Date: 2024.11.13 M MOJIDRA 15:43:55 +05'30' Devanand Mojidra Company Secretary & Compliance Officer Membership No.: A14644

Encl: a/a

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS

e-mail id: investor.relations@allcargologistics.com

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Allcargo Logistics announces Q2FY25 results; Consolidated revenue ₹4,301CR, up 30% Y-O-Y

Consolidated EBITDA ₹135CR up 14% Y-O-Y

Mumbai, November 12[th] 2024: Allcargo Logistics Limited has announced its financial results for the quarter ended September 30[th] 2024.

Key highlights:

• LCL volume for the quarter ended September 2024 stood at 2.37 million CBM, depicting a growth of 4% over the quarter ended September 2023 and 5% over quarter ended June 2024. FCL volume for the quarter stood at 164K TEUs, up 7% over the same period last year and 5% over the quarter ended June 2024.

• Air volume for the quarter ended September 2024 stood at 2.65 million kilos. This represents a growth of 14% compared to last year and a decline of 4% as compared to the last quarter.

• Volume growth was witnessed during the quarter on the back of improved global trade and company’s growth initiatives. As highlighted, seasonal decline was experienced across all regions towards the end of the quarter.

• Contract Logistics business has reported a revenue growth of 46% on a YoY basis and 22% on a QoQ basis on the back of new client additions and increased wallet share from existing clients.

• Express Business: EBITDA continues to show improvement on the back of cost initiatives, for Q2FY25 EBITDA was up 26% as compared to same period last year. October 2024 was a landmark month for express business; it registered highest ever monthly volume, with a total of 118kt.

ABOUT ALLCARGO LOGISTICS LIMITED

Allcargo Logistics Limited, part of the Allcargo Group, celebrating 30 years of excellence, is the global market leader in LCL consolidation business operating under ECU Worldwide network. Allcargo is among the leaders in Express logistics business, which it operates through its subsidiary Allcargo Gati Limited., besides having strong presence in Contract Logistics under Allcargo Supply Chain Pvt Limited. Allcargo is recognised for digitising logistics industry, setting highest quality standards, operational excellence, and customer centricity across all businesses. The company is recognised as a great place to work. The company currently operates out of 300 plus offices serving 180 countries. Allcargo today is one of India's largest publicly owned logistics companies, listed on the BSE Limited {Scrip Code- 532749) and The National Stock Exchange of India Limited (Scrip Code-ALLCARGO).

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Allcargo Logistics Limited and Allcargo Gati Limited, part of the Allcargo Group has recently announced a composite scheme of arrangement under which the International Supply Chain (ISC) business will be demerged into a separate entity Allcargo ECU Limited, and the Express and Contract Logistics business will be merged into Allcargo Logistics Limited (post ISC demerger). (The scheme is expected to be implemented by April 2025, accounting for regulatory filings, Stock Exchange approval, shareholder approval, NCLT approval and ROC filings.)

Allcargo Group will eventually have four listed strategic business undertakings. Allcargo ECU Limited and Allcargo Logistics Limited post demerger of ISC business, alongside Allcargo Terminals Limited and TransIndia Real Estate Limited, which were created through earlier scheme of arrangement. All four public companies are well poised for growth on the back of market opportunities and robust management capabilities.

For further information, contact: pr@allcargologistics.com