Western Carriers Q3 FY26 Revenue at ₹478 Cr, PAT ₹11 Cr; Grows 9% QoQ
Western Carriers reported Q3 FY26 results with revenue at ₹478 crore, up 9% QoQ. EBITDA increased 27% QoQ to ₹24 crore, and PAT grew 22% QoQ to ₹11 crore. The company highlighted the strengthening of its multimodal network and the commissioning of a new cargo terminal.
The results show positive growth and strategic developments like the new cargo terminal, which are beneficial for the company's operations and market position.
The company has shown significant year-on-year and quarter-on-quarter growth in revenue, EBITDA, and PAT, indicating a positive financial performance.
Western Carriers (India) Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a revenue from operations of ₹478 crore for Q3 FY26, an increase of 9% compared to ₹440 crore in Q2 FY26. EBITDA for the quarter stood at ₹24 crore, up 27% QoQ from ₹19 crore in the previous quarter, with an improved EBITDA margin of 5.0% compared to 4.3%. Profit After Tax (PAT) was ₹11 crore in Q3 FY26, a 22% increase from ₹9 crore in Q2 FY26, with PAT margin rising to 2.3% from 2.0%.
Mr. Rajendra Sethia, Chairman and Managing Director, highlighted the company's strong performance amidst a challenging geopolitical environment. He attributed the growth to disciplined work and customer confidence, emphasizing the reliability of their multimodal network. The commissioning of the Gati Shakti Multi Modal Cargo Terminal at Devaliya Station near Morbi was noted as a key factor in strengthening their service offerings and ensuring consistent service reliability for corporate and MSME customers.
Looking ahead, Mr. Sethia stated the company's commitment to expanding service offerings, accelerating automation, and delivering scalable, technology-driven logistics solutions to support India's industrial growth and generate long-term stakeholder value. Western Carriers (India) Ltd. is described as one of India’s largest multi-modal, rail-focused, 4PL asset-light logistics companies, providing integrated, end-to-end 3PL and 4PL logistics solutions.
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Western Carriers (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Western Carriers (India) Limited. Read the original for the full detail.