Earlier, Tiger Logistics introduced that the corporate has elevated its month-to-month container carrying capability for renewable power merchandise fivefold to 1,500 TEUs of merchandise within the final 4 months.
Homegrown logistics participant Tiger Logistics, identified for its experience in dealing with the import and export of cargo and initiatives, has introduced its monetary outcomes for the fourth quarter of FY25. According to the data shared, the standalone web revenue of the corporate stood at Rs 6.44 crore in March 2025, up 59.87 per cent from Rs 4.03 crore in March 2024. Its income from operations stood at Rs 114.50 crore within the quarter into consideration, up 23.5 per cent from Rs 92.71 crore in March 2024.
The firm’s EBITDA stands at Rs 9.54 crore in March 2025, up 48.6 per cent from Rs 6.42 crore in March 2024.
Earlier, Tiger Logistics introduced that the corporate has elevated its month-to-month container carrying capability for renewable power merchandise fivefold to 1,500 TEUs of merchandise within the final 4 months.
It goals to extend it additional to three,500 TEUs per 30 days over the subsequent 3-6 months, the corporate stated in a press release on Thursday.
The renewable power (RE) vertical has skilled exponential progress, with a month-to-month quantity reaching 1,500 TEUs on an ongoing foundation, up from 300 twenty-foot equal models (TEUs) in November 2024 from the photo voltaic trade, marking a big uptick in RE portfolio TiGreen, it stated.
Tiger Logistics has additionally witnessed a staggering enhance in its import enterprise, pushed by the rising demand for photo voltaic modules from China, with provides rising since FY22 to round 97 per cent of polysilicon and 80 per cent of photo voltaic modules globally in FY24.
This progress trajectory positions TiGreen on monitor to generate an estimated extra Rs 100-150 crore yearly from its renewable power logistics.
With PTI inputs
(This article is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)
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