Western Carriers Reports Audited Results for Q4 and Full Year 2026
Western Carriers (India) Limited, one of India's largest multi-modal, rail-focused, 4PL asset-light logistics companies, has announced its audited financial results for the quarter and financial year ending March 31, 2026.The company's performance reflected a commitment to strengthening its position as a reliable multimodal logistics partner, utilizing integrated capabilities and a strong customer base.
Financial Performance Snapshot
For the financial year 2026, the company reported consolidated revenue of ₹ 1,829 Cr, along with an EBITDA of ₹ 85 Cr and a Profit After Tax (PAT) of ₹39 Cr.A detailed comparison of the company's financial performance across key metrics for Q4 and Q3 of FY26 is provided below:
| Metric (₹ Cr) | Q4 FY26 | Q3 FY26 | Quarter Over Quarter Change |
|---|---|---|---|
| Revenue from Operations | 496 | 478 | 4% |
| EBITDA | 21 | 24 | -10% |
| EBITDA Margin | 4.3% | 5.0% | |
| PAT | 8 | 11 | -24% |
| PAT Margin | 1.7% | 2.3% |
Highlighting the annual totals, the total income for Q4 FY26 stood at ₹ 499 crores, while the total income for the entire FY26 reached ₹ 1,844 crores. Similarly, EBITDA for Q4 FY26 was ₹ 21 crores, achieving an EBITDA margin of 4.3%. For the full year FY26, EBITDA reached ₹ 85 crores, with a corresponding margin of 4.6%. PAT for the quarter was ₹ 8 crores, yielding a PAT margin of 1.7%, while the PAT for FY26 stood at ₹ 39 crores, demonstrating a margin of 2.1%.
Operational Outlook
Mr. Rajendra Sethia, Chairman and Managing Director of Western Carriers (India) Limited, commented on the results, stating that the company continues to consolidate and grow its standing as a multimodal logistics partner.Sethia noted that the fourth quarter was impacted by significant geopolitical disruptions. Despite these challenges, the company maintained momentum through steady sequential revenue growth. This stability was attributed to reliable domestic operations and disciplined execution, which ensured high customer satisfaction.
The strength of the multimodal network, combined with the Gati Shakti Multi Modal Cargo Terminal near Morbi, was crucial in strengthening the company's service offerings. This allowed Western Carriers to continue delivering dependable service to both corporate and MSME customers across India through seamless multimodal connectivity.
Looking ahead into FY27, the focus remains on improving operational resilience, measuring capacity expansion, and enhancing realizations. The company stated it is well positioned to benefit as trade flows normalize and remains committed to delivering consistent performance and long-term value.
About Western Carriers
Western Carriers (India) Ltd is one of India's leading multi-modal, rail-focused, 4PL asset-light logistics providers. The company delivers customized, end-to-end 3PL and 4PL logistics solutions by integrating road, rail, water, and air transport, along with various value-added services across the supply chain. Founded as a rail-centric logistics venture in 1972 and incorporated under WCIL in 2013, the firm has developed into a trusted partner for integrated, single-window logistics solutions.WCIL Stock Price Movement
On Friday, Western Carriers (India) Limited shares slipped by 1.96% to settle at ₹99.54. The stock saw a total traded volume of 53,625 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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