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Indian road logistics industry revenues to grow at 3%-6% in FY25: ICRA, ET Auto

Indian Road Logistics Industry: Operating profit margins are to remain range-bound at 10.5%-12.5% in FY25 as concerns on cost inflation persist. The outlook for the sector continues to be stable, fuelled by a sustained momentum in economic activities, enhanced traction of organised trade and continued support from varied segments like e-commerce, FMCG, retail, pharmaceuticals, and industrial goods.

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Indian road logistics industry on a smooth ride in FY2024; outlook stable: ICRA, ET Auto

INdian Road Logistics Fy 24: Demand momentum to continue in FY2024 with 6-9% YoY revenue growth. Inflation to dampen operating margins to a range of 10.5%-12.5% in FY2024 compared to 12.4% in FY2023, ICRA said.

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