Event Type: Q1 FY27 Earnings Conference Call held on Monday, August 17, 2026, at 4:00 p.m. (IST).

Management Participants:

  • Mr. Ravi Jakhar - Director Strategy and Group Chief Financial Officer, Allcargo Group
  • Mr. Stephen Dunn - Global Chief Financial Officer, Allcargo Global
  • Mr. Sanjay Punjabi - Investor Relations, Allcargo Group

Financial Period Discussed: Quarter ended June 30, 2026 (Q1 FY27)

Key Financial Highlights:

  • Consolidated revenue: INR3,522 crores, representing 5.8% year-on-year growth and 20.8% sequential growth
  • Gross profit: INR733 crores, up 2.5% year-on-year and 6.5% quarter-on-quarter
  • EBITDA: INR33 crores compared to loss of INR31 crores in Q1 FY26 and INR17 crores in Q4 FY26
  • EBIT loss: Reduced to INR18 crores from loss of INR77 crores in Q1 FY26
  • Pre-exceptional PBT loss: INR24 crores versus loss of INR92 crores in Q1 FY26
  • Profit after tax loss: INR28 crores compared with loss of INR87 crores a year ago

Operational Highlights:

  • Sequential volume improvement in most trade lanes (transatlantic, transpacific, intra-Asian)
  • LCL and air freight volumes: ~5% sequential growth
  • FCL volumes: ~1% sequential growth (negatively impacted by Middle East crisis)
  • Reduced standalone borrowings to INR272 crores as of June 30, 2026, from INR314 crores as of March 31, 2026

Business Environment Context:

  • Middle East crisis impacting trade and volumes for last 5-6 months
  • Russia-Ukraine war and other geopolitical disturbances creating flat global economic environment
  • Marginal improvement in trade environment over last 3-4 months
  • Higher freight rates due to constrained carrier capacity

Strategic Initiatives:

  • Focus on cost control through technology-led automation and Agentic AI
  • Resources shifting to lower cost geographies
  • Single system implementation for finance, HR, operations across globe
  • Focus on improving container utilization and reducing loss-making trade lanes

Forward-Looking Statements:

  • No significant improvements in economic environment assumed in business strategy
  • Focus on operational efficiency rather than geopolitical resolution
  • Intent to keep costs flat in dollar terms
  • Target to reduce net debt significantly over next 2-3 quarters

Compliance Statement: The company indicated that the call contained forward-looking statements based on current beliefs and expectations, noting these are not guarantees of future performance and involve risks and uncertainties.

Additional Notes Section

Attachment: The transcript of the earnings conference call was included and is available on the company's website at https://www.allcargo.global/datafiles/2026/08/AllcargoGlobal-Earnings-Aug17-2026.pdf

Financial Data: Comprehensive financial data was disclosed including revenue, gross profit, EBITDA, EBIT, PBT, and PAT figures for current and comparative periods.