Tiger Logistics reported a 129% rise in Q3 net profit to Rs 8.42 crore, driven by increased delivery volumes and air transport. Revenue grew over threefold to Rs 160.46 crore. Delivery volumes rose 27.8% to 16,711 TEUs, while air transport volumes more than doubled. The company secured partnerships with HPCL, BHEL, and BEML and plans to raise Rs 400 crore for future growth.
Tiger Logistics: Net Profit Surges Over 2x
