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Western Carriers (India) Limited
6 articles
Western Carriers' recent financial performance reflects the challenges facing the logistics sector, with a 6% revenue increase in FY26 reaching ₹1,829 crore offset by a significant 40% decline in net profit to ₹38.8 crore, attributed to geopolitical disruptions and supply chain issues. While the company expanded operations through the full commissioning of its Devaliya multimodal cargo terminal and successfully completed an IPO in September 2024, investors should note the substantial loans to related parties and contingent liabilities disclosed. Increased promoter Rajendra Sethia's shareholding through multiple open market acquisitions signals continued confidence in the company's long-term prospects, though the profit decline warrants close monitoring of operational efficiency and risk mitigation strategies.
Western Carriers 15th AGM Voting Results Approval
Western Carriers held its 15th Annual General Meeting on September 30, 2026 via video conference to approve three ordinary resolutions.
All resolutions were passed with overwhelming majority: financia
Western Carriers 15th AGM Approves Financial Statements, Director Reappointment
Western Carriers held its 15th Annual General Meeting virtually on September 30, 2026 to approve annual financial statements and resolutions.
Members approved adoption of FY26 standalone and consolida
Western Carriers Promoter Sethia Acquires 66,000 Shares
Rajendra Sethia, Promoter and CMD of Western Carriers, acquired 66,000 equity shares (0.065%) via open market on September 29, 2026.
The acquisition increases Sethia's total holding from 73.031% to 73
WCIL Promoter Acquires 0.103% Stake via Open Market
Western Carriers (India) Ltd discloses a regulatory filing under SEBI SAST Regulation 29(2) for promoter share acquisition.
Promoter & CMD Rajendra Sethia acquired 105,000 equity shares (0.103%) on Se
Western Carriers Promoter Acquires 100,000 Shares
Western Carriers India discloses promoter Rajendra Sethia's open market acquisition of 100,000 equity shares on September 18, 2026.
The acquisition increases Sethia's voting rights holding from 72.830
Western Carriers FY26 Revenue Up 6% But Profit Declines 40%
Western Carriers reported FY26 revenue growth of 6% to ₹1,829 crore but net profit declined 40% to ₹38.8 crore due to geopolitical disruptions and supply chain challenges.
The company completed its IP