Integrated Filing — IndAS



General information about company
Scrip Code 543910
NSE Symbol AVG
MSEI Symbol NOTLISTED
ISIN INE680Z01018
Name of company AVG Logistics Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Logistics Solutions
Start date and time of board meeting 30-May-2025   16:30:00
End date and time of board meeting 30-May-2025   21:05:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1477115000 5515177000
Other income 2008000 28425000
Total income 1479123000 5543602000
2 Expenses
(a) Cost of materials consumed 1067090000 3930660000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 63081000 229149000
(e) Finance costs 60395000 258508000
(f) Depreciation, depletion and amortisation expense 103051000 433878000
(f) Other Expenses
1 Other Expenses 109855000 399662000
Total other expenses 109855000 399662000
Total expenses 1403472000 5251857000
3 Total profit before exceptional items and tax 75651000 291745000
4 Exceptional items 0 0
5 Total profit before tax 75651000 291745000
6 Tax expense
7 Current tax 9292000 60336000
8 Deferred tax 14083000 18130000
9 Total tax expenses 23375000 78466000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 52276000 213279000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method -8000 -8000
16 Total profit (loss) for period 52268000 213271000
17 Other comprehensive income net of taxes -531000 -514000
18 Total Comprehensive Income for the period 51737000 212757000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests -11200 -17200
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 150577000 150577000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2315324000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.68 15.01
Diluted earnings (loss) per share from continuing operations 3.68 15.01
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.68 15.01
Diluted earnings (loss) per share from continuing and discontinued operations 3.68 15.01
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1839837000
Capital work-in-progress 80970000
Investment property 300579000
Goodwill 0
Other intangible assets 19204000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 107610000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 125200000
Total non-current financial assets 232810000
Deferred tax assets (net)
Other non-current assets 40916000
Total non-current assets 2514316000
2 Current assets
Inventories 4157000
Current financial asset
Current investments 0
Trade receivables, current 2049659000
Cash and cash equivalents 13300000
Bank balance other than cash and cash equivalents 72286000
Loans, current 0
Other current financial assets 76294000
Total current financial assets 2211539000
Current tax assets (net) 8338000
Other current assets 252020000
Total current assets 2476054000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4990370000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 150577000
Other equity 2315324000
Total equity attributable to owners of parent 2465901000
Non controlling interest 509000
Total equity 2466410000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 304484000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 763080000
Total non-current financial liabilities 1067564000
Provisions, non-current 15883000
Deferred tax liabilities (net) 8671000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 1092118000
Current liabilities
Current financial liabilities
Borrowings, current 768682000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1424000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 176429000
Total Trade payable 177853000
Other current financial liabilities 425327000
Total current financial liabilities 1371862000
Other current liabilities 56145000
Provisions, current 3835000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 1431842000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2523960000
Total equity and liabilites 4990370000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 710000 687000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -179000 -173000
5 Total Other comprehensive income -531000 -514000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 291745000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 226544000
Adjustments for decrease (increase) in inventories 181000
Adjustments for decrease (increase) in trade receivables, current -452450000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -64864000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -7200000
Adjustments for other financial assets, current -18364000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 40029000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 15268000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 433878000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 34654000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -7592000
Adjustments for other financial liabilities, non-current -1822000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 12242000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -6666000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 179354000
Net cash flows from (used in) operations 471099000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 67067000
Other inflows (outflows) of cash -32484000
Net cash flows from (used in) operating activities 371548000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 21171000
Purchase of property, plant and equipment 379498000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 6307000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1970000
Net cash flows from (used in) investing activities -353990000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 262668000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 329309000
Repayments of borrowings 264238000
Payments of lease liabilities 351079000
Dividends paid 7916000
Interest paid -14344000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -16912000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 646000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 646000
Cash and cash equivalents cash flow statement at beginning of period 12654000
Cash and cash equivalents cash flow statement at end of period 13300000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M S K A & Associates Yes 31-Jul-2027