AVG Logistics, a multimodal logistics solutions provider, reported a decline in its net profit by 5.51% at ₹5.08 crore in the second quarter of the fiscal year (Q2 FY26) as against ₹5.37 crore during the previous quarter ended September 2024.

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AVG Logistics net profit drops by 5%; maintains strong EBITDA
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AVG Logistics net profit drops by 5%; maintains strong EBITDA

Despite a marginal decline in net profit, the company maintained business momentum with revenue growth and improved operational efficiency.

AVG Logistics announced that it will acquire a major stake in Kaizen Logistics.

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AVG Logistics to acquire major stake in Kaizen Logistics
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AVG Logistics to acquire major stake in Kaizen Logistics

The acquisition is expected to be completed within Q4 of the financial year 2024-25.