DTDC sets sights on nearly doubling revenue by FY30 after 7.4% FY26 growth
AI Summary
DTDC's ambitious growth plans signal a robust outlook for the logistics sector, particularly as it aims to double revenue by FY30 through strategic investments in automation and e-commerce. For retail investors, this could indicate a strong opportunity in logistics stocks, especially as the company leverages its extensive network and digital infrastructure to enhance efficiency and service offerings. Additionally, the focus on cross-border trade aligns with India's increasing global trade dynamics, making logistics a critical sector to watch in the coming years.
After posting 7.4 per cent growth in FY26 to close the year with revenue of ₹2,655 crore, against ₹2,472 crore in FY25, according to the latest FY26 numbers recently reported by the company, integrated express logistics provider DTDC has set its sights on nearly doubling its revenue by FY30.
The privately held logistics major plans to maintain double-digit growth through FY30, backed by investments in processing capacity, automation, cross-border logistics and e-commerce. DTDC spent ₹100-150 crore on capital expenditure in both FY25 and FY26.
Original Article
Published on Hindu BusinessLine
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