Tag
Rajendra Sethia
7 articles
Rajendra Sethia, the promoter and Chairman and Managing Director of Western Carriers, has been steadily increasing his stake in the company through open market purchases throughout June 2026. These acquisitions, totaling over 42,000 shares, represent a cumulative increase from 72.768% to 72.830% ownership. While the company's Q1 FY27 results showed a decline in net profit despite revenue growth, Sethia’s consistent share buyback signals confidence in Western Carriers’ long-term prospects and could be viewed favorably by investors seeking stability and alignment of interests. Continued monitoring of Sethia’s ownership moves and the company’s financial performance will be important for assessing future value creation.
Western Carriers Q1 FY27 PAT Rises 13% QoQ
Western Carriers reported Q1 FY27 revenue of ₹465 crore, up 11% YoY from ₹416 crore.
EBITDA declined to ₹19 crore with margin contraction to 4.1% from 5.0% YoY.
PAT improved 13% QoQ to ₹9 crore despit
Western Carriers Q1FY27 PAT Down 19.4% YoY
• Western Carriers reported Q1FY27 consolidated revenue of ₹465.9 crore with a PAT of ₹8.7 crore, down 19.4% YoY.
• The company is India's largest asset-light 4PL logistics provider, offering end-to-e
Western Carriers Q1 Net Profit at ₹86.9 Million
Board approved unaudited standalone and consolidated financial results for Q1 FY27 ending June 30, 2026.
Standalone revenue grew 11.8% YoY to ₹4,648.75 million while net profit declined 19.4% to ₹86.9
Western Carriers Promoter Acquires 6,106 Shares
Western Carriers discloses promoter Rajendra Sethia's open market acquisition of 6,106 equity shares representing 0.006% stake.
Acquisition occurred in two tranches on June 29-30, 2026, increasing Set
Western Carriers Promoter Sethia Acquires 20,000 Shares
Rajendra Sethia, Promoter and CMD of Western Carriers, acquired 20,000 equity shares (0.020%) via open market on June 24, 2026.
Post-acquisition, Sethia's total holding increased to 72.824% (7,42,47,6
Western Carriers Promoter Acquires 20,000 Shares
• Western Carriers promoter Rajendra Sethia acquired 20,000 shares (0.020%) via open market on June 16, 2026.
• Disclosure made under SEBI SAST Regulation 29(2) to BSE and NSE regarding promoter share
WCIL Promoter Acquires 0.016% Equity via Open Market
Western Carriers (India) Limited discloses promoter Rajendra Sethia's acquisition of 16,585 shares via open market.
Acquisition represents 0.016% of paid-up capital, increasing Sethia's total holding