Tiger Logistics (India) Ltd
Tiger Logistics Q3 FY26 Results 📊: Revenue Dips but Margins Hold Steady
• Q3 FY26 revenue: ₹13,902 lakhs (down 17.6% QoQ, down 13.4% YoY)
• Revenue decline attributed to US tariffs, lower global freight rates, and Middle East geopolitical issues
• Q3 FY26 EBITDA margin: 5.4% (₹757 lakhs)
• 9M FY26 EBITDA margin: 6.0% (₹2,461 lakhs), improved from 5.6% YoY
• Q3 FY26 PAT margin: 4.3% (₹594 lakhs)
• 9M FY26 PAT: ₹1,926 lakhs (down 6.4% YoY)
• TEU volume grew 52% YoY in Q3 and 32% YoY in 9M FY26
• Revenue softened due to freight rate normalization