Western Carriers (India) Limited secured a ₹230 crore, three-year contract from Jindal Stainless to manage EXIM logistics. The deal includes rail transport, customs clearance, and last-mile delivery, highlighting WCIL’s expertise in handling complex, end-to-end supply chain operations.
Western Carriers' share price jumped over 3% on Friday after the company announced the successful acquisition of two substantial contracts from Jindal Stainless Limited (JSL). As of 9:46 am IST, the stock price is trading at ₹117.95 per share, up by 3.08%.
Looking at the stock performance, the stock price has given 47.25% returns in the last three months, while on a year-to-date basis, the stock is up by 3.35%. In the last 12 months, the stock price has seen a decline of 31.07%.
Western Carriers Share Price has recently shown strong momentum in response to strategic business wins.
On June 27, WCIL secured a three-year contract valued at around ₹230 crore. The agreement entails delivering comprehensive EXIM logistics services to JSL, which include rail-based container transportation from ports to manufacturing units, customs facilitation, and last-mile delivery. This collaboration highlights WCIL’s expertise in managing end-to-end supply chains and handling logistics challenges across industries.
Commenting on the development, Mr. Rajendra Sethia, Chairman & Managing Director, Western Carriers (India) Limited, said, “Securing this prestigious contract from Jindal Stainless Limited is a strong endorsement of WCIL’s proven execution capabilities and trusted partnership. These back-to-back significant orders not only highlight our operational excellence but also reaffirm our strategic position as a preferred end-to-end logistics partner for India’s leading industrial houses. Managing JSL’s vast and complex supply chain seamlessly further reflects our ability to handle mission-critical operations with precision. We are confident that such milestones will further accelerate our growth trajectory as we continue delivering integrated, scalable, and future-ready logistics solutions across the country and beyond.”
Just a day earlier, on June 26, WCIL had secured another major deal from JSL, worth approximately ₹558 crore. This contract spans three years and focuses on transporting stainless steel slabs, coils, and sheet plates in DSO containers to multiple locations nationwide. It marks a strategic extension of WCIL’s long-standing relationship with JSL and strengthens its footprint in the metals and manufacturing logistics domain.
For the quarter ended March 2025, Western Carriers (India) Limited reported a revenue from operations of ₹428.60 crore, reflecting a year-on-year growth of 6.72% compared to ₹401.60 crore in the same quarter last year. However, the net profit for the quarter declined sharply to ₹14.10 crore from ₹24.20 crore in March 2024, marking a decrease of 41.74%.
On an annual basis, the company’s revenue stood at ₹1,725.70 crore for FY25, up 2.37% from ₹1,685.80 crore reported in FY24. Despite this modest rise in top-line performance, the net profit for the full year dropped to ₹65.10 crore, down 18.93% from ₹80.30 crore in the previous financial year.
Founded in 1972, Western Carriers operates as a multi-modal, rail-focused, asset-light logistics provider. It delivers integrated supply chain solutions across road, rail, water, and air transport. WCIL also offers freight forwarding, shipping, air cargo, trucking, storage, and distribution services. With more than 50 branches, 16 leased warehouses, and over 500 GPS-enabled trucks, the company services major clients like Hindalco, Tata, and Vedanta. In FY25, the revenue mix was dominated by metals at 55%, followed by FMCG at 19%. WCIL’s recent order book includes contracts from Bharat Aluminium Company Limited and Shriram Alkali & Chemicals.
Disclaimer: The article is for informational purposes only and not investment advice.
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