AVG Logistics Limited, (BSE - 543910, NSE - AVG), AVG Logistics Limited, a leading multimodal logistics solutions provider, pleased to announced its strategic entry into the logistics and transportation in liquor segment. This expansion marks a significant milestone in the company's growth journey as it extends our expertise to one of India's most regulated and quality-sensitive industries.
With years of experience in delivering reliable, secure, and technology-driven logistics solutions across multiple sectors, AVG Logistics is now expanding its service portfolio by offering specialized transportation solutions for alcoholic beverages. As part of this strategic initiative, the Company has finalized the commercial terms for long-term logistics contracts with two renowned companies in the liquor industry. The company expecting to generate approximate revenue of Rs. 25 Crores during financial year 2026-27 and taking it to approximately 100 Crore revenue from next financial year from the liquor segment.
The company's liquor logistics services include Secure primary and secondary transportation, GPS-enabled fleet monitoring and real-time visibility, Dedicated vehicles and trained drivers, Timely deliveries with a strong focus on product integrity, Customized logistics solutions for manufacturers, distributors, and retail networks.
The Company believes that its expansion into liquor logistics will strengthen its diversified service portfolio, increase fleet utilization, broaden its customer base, and create new business opportunities. As the business scales, the new vertical is expected to contribute positively to the Company's revenue growth while supporting improved operational efficiencies and profitability over the medium to long term. The liquor logistics segment is witnessing high demand for organized and specialized logistics services and with this entry, the Company expects to add more customers in the near future.
Mr. Sanjay Gupta Managing Director, AVG Logistics Limited said, "The liquor logistics segment is a highly specialized business that requires stringent regulatory compliance, operational and specialized handling expertise and because of these high entry barriers, the segment offers attractive margins compared to regular logistics services. Our entry into this business is expected to strengthen the Company's service portfolio while contributing positively to its overall financial performance through improved profitability and sustainable long-term growth."
Shares of AVG Logistics Limited was last trading in BSE at Rs. 200.70 as compared to the previous close of Rs. 207.85. The total number of shares traded during the day was 500 in over 21 trades.
The stock hit an intraday high of Rs. 213.00 and intraday low of 199.20. The net turnover during the day was Rs. 100730.00.