Indian road logistics industry`s revenue to grow at slower pace of 3-6% in FY25: ICRA
![](https://portfolio.investmentguruindia.com/uploads/news/Economy_11Feb.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Rating agency ICRA in its latest report has said that revenue of Indian road logistics industry will remain range-bound and grow at a slower pace of 3-6 per cent in the current financial year (FY25). It said operating profit margins are expected to remain range-bound at 10.5-12.5 per cent in FY25 as concerns on cost inflation persist.
ICRA expects softening in the government capex during the elections (given the Model Code of Conduct requirements) and moderation in consumer demand sentiments amid high inflation and interest rates. It said the outlook for the sector continues to be stable, fuelled by 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.
It further said e-way monthly volumes remained largely stable in the last four months at above 85 million, post reporting all-time high volumes of 100 million in October 2023, signifying resilient domestic trade and transportation activities. It added that the monthly FASTag volumes have also moved in tandem with the e-way bills, ranging from 295 to 350 million in the current fiscal, with an all-time peak of 348 million in December 2023, reflecting business cont.
![](https://portfolio.investmentguruindia.com/uploads/news/Apollo Hospitals_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shivam Thakral, CEO of BuyUcoin.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manhar Garegrat_po.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Titan Company_.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indian Statergy_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/coal37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ashwini37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/pharma.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Shivam Thakral, CEO of BuyUcoin.jpg)
Expectations from Union Budget 2024 - Web3/Blockchain Sector by Shivam Thakral, CEO of BuyUc...
![Expectations from Union Budget 2024 - Web3/Blockchain Sector by Manhar Garegrat, Country Head India & Global Partnerships, Liminal Custody](https://portfolio.investmentguruindia.com/uploads/news/Manhar Garegrat_po.jpg)
![Expectations from Union Budget 2024 - Web3/Blockchain Sector by Dilip Chenoy, Chairman, Bharat Web3 Association](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![India Strategy : A broad-based beat By Motilal Oswal Financial Services](https://portfolio.investmentguruindia.com/uploads/news/Indian Statergy_03july.jpg)