Warehousing & Logistics company Western Carriers (India) announced Q1FY26 results Revenue from operation in Q1FY26 stood at Rs 416 crore compared to Rs 423 crore in Q1FY25. EBITDA for Q1FY26 was at Rs 21 crore, with an EBITDA margin of 5.0%. For Q1FY25, EBITDA stood at Rs 35 crore, with an EBITDA margin of 8.4%. In Q1FY26 PAT stood at Rs 11 crore, with a PAT margin of 2.6%. For Q1FY25, PAT was at Rs 19 crore with margins at 4.5%. Rajendra Sethia , Chairman & Managing Director, Western Carriers (India), said: “Our company continues to build on its five-decade legacy as a trusted logistics partner, offering seamless multimodal supply chain solutions across India. Our asset-light, scalable model is focused on customized end-to-end services across key sectors such as metals, FMCG, and pharmaceuticals. With over 80% of our revenue coming from clients who’ve been with us for more than three years, our customer-first approach remains central to our operations. This quarter’s performance reflected the impact of subdued EXIM trade, due to the continuing global geopolitical situation. However, as trade flows normalise and infrastructure upgrades gather pace, we see a strong positive outlook ahead. During the quarter, we advanced our growth agenda with the launch of the 31-acre ICD Develiya facility in Gujarat offering direct port connectivity and fixed-schedule rail services across key routes and began executing a Rs 1,100 crore specialised cargo handling contract for JSL, further strengthening our capabilities in high-value, complex logistics. Both of these major developments should put us on a high growth trajectory in coming quarters. With a strong order book, specialised capabilities, and sector tailwinds, we are well-placed to deliver sustained growth and deepen our role as a preferred partner for complex supply chains.” Result PDF