Categories Earnings, Industrials

Tiger Logistics Ltd Q4FY23 results out, revenue declines by 64%

Tiger Logistics India Ltd. is a third-party logistics services provider. Its business covers international freight forwarding, supply chain management, project logistics, defense logistics, and cold chain logistics.

  • Tiger Logistics Ltd reported Total revenue for Q4 FY23 of ₹61 Crore, down from ₹171 Crore year on year depicting a decline of 64%.
  • Total Expenses for Q4 FY23 of ₹59 Crore down, from ₹159 Crore year on year, a decline of 63%. 
  • Consolidated Net Profit of ₹2 Crore, down 82% from ₹11 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹2.91, down 71% from ₹10.03 in the same quarter of the previous year.

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