Latest news with #MatchLogSolutions
Business Standard
4 days ago
- Business
- Business Standard
Accuracy Shipping Ltd Reports Robust FY25 Performance; Net Profit Rises 9 folds to Rs. 4.65 Cr, Revenue Grows 34% Y-o-Y to Rs. 947.1 Cr
VMPL Gujarat [India], June 3: Accuracy Shipping Limited (NSE: ACCURACY), a fast-growing player in the integrated logistics space, today announced its audited consolidated financial results for Q4 FY25 and FY25 for the financial year that ended March 31, 2025 (FY25). The Kutch based company has delivered strong topline and bottom-line performance, reflecting a sustained demand and optimized operational efficiencies across its services. Highlights * Kutch-based logistics company reports consolidated net profit of Rs. 4.65 crore in FY25 * Revenue from operations for FY25 stands at Rs. 947.1 crore, a 33.59% Y-o-Y growth * Q4FY25 Revenue at Rs. 236.78 crore; quarterly net profit at Rs. 0.77 crore * Company recently entered partnership with MatchLog Solutions to better operational efficiency and sustainability by reducing carbon emissions Key Highlights (Consolidated Financials): (in crores) During FY25, the company posted consolidated revenues of Rs. 947.1 crore, a 33.59% increase from Rs. 708.96 crore in FY24. Net profit rose sharply by 949% to Rs. 4.65 crore from Rs. 49 lakhs in FY 24. The company also registered 8% return on capital employed, a rise from 5% in FY24. Earnings Per Share (EPS) for FY25 is 0.31 compared to 0.03 EPS in FY 24. This shows continued growth momentum despite typical year-end seasonality in shipping and logistics. For Q4FY25, Accuracy Shipping recorded consolidated revenues of Rs. 236.78 crore, a 38.24% growth compared to Rs 171.3 crores in Q4 FY24. Rs. 0.77 crore Net Profit was reported for Q4 FY25 compared to Rs 9.1 crore in Q4 FY24. Mr Vinay Tripathi, Chairman & Managing Director of Accuracy Shipping Ltd, said, "FY25 has been a strong year of growth and transformation for us. The consistent financial performance reflects our commitment to operational excellence, customer-centric solutions, and technology-led logistics. One of the key highlights this year has been our partnership with MatchLog Solutions, which marks a strategic step toward building a greener and more intelligent logistics ecosystem. As we look ahead, we are focused on expanding our digital capabilities, deepening industry partnerships, and driving sustainability through smarter supply chain solutions that benefit both our customers and the environment." Accuracy Shipping Limited has partnered with MatchLog Solutions to implement a greener logistics initiative. This initiative aims to optimize container reuse across key EXIM trade corridors in India. The collaboration is expected to enhance operational efficiency and sustainability by reducing carbon emissions, minimizing empty container movements, and improving overall resource utilization. As part of this initiative, Accuracy Shipping Limited will utilize its logistics infrastructure, customs clearance capabilities, and pan-India operational footprint in conjunction with MatchLog's AI-driven triangulation engine. This will enable real-time reuse of import containers for export requirements, leading to a reduction in unnecessary empty container movements, idle driver hours, and fuel consumption, thereby contributing to India's climate and sustainability goals. This collaboration aims to redefine how India's container logistics sector functions, moving towards a more agile, efficient, and environmentally conscious future. About Accuracy Shipping Limited Established in 2008 and headquartered in Anjar, Kutch, Gujarat, Accuracy Shipping Limited (ASL) is a leading provider of end-to-end logistics solutions, offering a range of customized services, including transportation, freight forwarding, clearing and forwarding services, customs clearance, warehousing, and value-added services. ASL operates 14 offices across India and has 72 agency agreements worldwide. The company also boasts a fleet of 400+ Operational trucks, 180,000 sq. ft. of warehouse space, and 600,000 sq. ft. of storage facilities for container handling. ASL's commitment to excellence is embodied in its tagline, "Perfection is an Attitude." (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Yahoo
27-05-2025
- Business
- Yahoo
MatchLog, Accuracy Shipping partner to enhance container logistics in India
India's MatchLog Solutions has partnered with Accuracy Shipping to optimise container logistics in India. The collaboration focuses on improving efficiency in export-import (EXIM) container flows across the country's major trade corridors using real-time container reuse models and technology-led processes. The Indian logistics sector is witnessing increasing trade volumes and slower infrastructure growth, according to Accuracy Shipping. MatchLog and Accuracy Shipping's collaboration aims to shift the sector's conventional, infrastructure-intensive systems to data-driven logistics operations. The partnership will use MatchLog's AI-based triangulation engine and integrated reuse yards to repurpose import containers for export use in real time. This approach is expected to eliminate empty trips, reduce driver waiting periods, and optimise the use of transport assets. This transition will not only lower costs but also decrease carbon emissions, resulting in a more efficient and environmentally friendly logistics chain, according to the company. Accuracy Shipping managing director Vinay Tripathi said: 'Our goal has always been to bring speed, efficiency, and transparency into every link of the supply chain. 'With MatchLog's platform, we are able to go a step further in optimising container utilisation at scale while meeting the evolving needs of our customers. It is about embracing the future of logistics where every move is meaningful, planned, and data-driven. We see this as a natural evolution of our services.' Accuracy Shipping brings extensive port presence, a strong fleet, and customs expertise to the collaboration. MatchLog complements these strengths with a platform that delivers predictive insights and reuse capabilities tailored to meet real-time supply and demand precisely. The initiative aligns with MatchLog's broader goal of removing ten billion kilometres of redundant travel from the global EXIM container supply chain. MatchLog India CEO Harsh Vardhan Gupta said: 'This collaboration represents the shift from a reactive to a predictive model of container logistics. Instead of building more infrastructure, we are making existing networks smarter. 'With Accuracy Shipping's on-ground strength and our technology-led reuse ecosystem, we are creating a new operating model; one that's faster, leaner, and purpose-built for scale. This is the kind of transformation India's supply chains need.' Accuracy Shipping said that the collaboration will bring faster turnaround times, improved planning, and real-time visibility to the logistics landscape. "MatchLog, Accuracy Shipping partner to enhance container logistics in India" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
27-05-2025
- Business
- Yahoo
MatchLog, Accuracy Shipping partner to enhance container logistics in India
India's MatchLog Solutions has partnered with Accuracy Shipping to optimise container logistics in India. The collaboration focuses on improving efficiency in export-import (EXIM) container flows across the country's major trade corridors using real-time container reuse models and technology-led processes. The Indian logistics sector is witnessing increasing trade volumes and slower infrastructure growth, according to Accuracy Shipping. MatchLog and Accuracy Shipping's collaboration aims to shift the sector's conventional, infrastructure-intensive systems to data-driven logistics operations. The partnership will use MatchLog's AI-based triangulation engine and integrated reuse yards to repurpose import containers for export use in real time. This approach is expected to eliminate empty trips, reduce driver waiting periods, and optimise the use of transport assets. This transition will not only lower costs but also decrease carbon emissions, resulting in a more efficient and environmentally friendly logistics chain, according to the company. Accuracy Shipping managing director Vinay Tripathi said: 'Our goal has always been to bring speed, efficiency, and transparency into every link of the supply chain. 'With MatchLog's platform, we are able to go a step further in optimising container utilisation at scale while meeting the evolving needs of our customers. It is about embracing the future of logistics where every move is meaningful, planned, and data-driven. We see this as a natural evolution of our services.' Accuracy Shipping brings extensive port presence, a strong fleet, and customs expertise to the collaboration. MatchLog complements these strengths with a platform that delivers predictive insights and reuse capabilities tailored to meet real-time supply and demand precisely. The initiative aligns with MatchLog's broader goal of removing ten billion kilometres of redundant travel from the global EXIM container supply chain. MatchLog India CEO Harsh Vardhan Gupta said: 'This collaboration represents the shift from a reactive to a predictive model of container logistics. Instead of building more infrastructure, we are making existing networks smarter. 'With Accuracy Shipping's on-ground strength and our technology-led reuse ecosystem, we are creating a new operating model; one that's faster, leaner, and purpose-built for scale. This is the kind of transformation India's supply chains need.' Accuracy Shipping said that the collaboration will bring faster turnaround times, improved planning, and real-time visibility to the logistics landscape. "MatchLog, Accuracy Shipping partner to enhance container logistics in India" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Time of India
30-04-2025
- Business
- Time of India
MatchLog partners with Maersk for landside equipment optimisation in India
Mumbai-based MatchLog Solutions, a container reuse platform, announced on Wednesday its collaboration with the global shipping firm Maersk for the latter's operations in India. This partnership aims to revolutionise equipment optimisation across India—a market with a throughput of 20 million TEUs annually. #Pahalgam Terrorist Attack The groundwork before India mounts a strike at Pakistan India considers closing airspace to Pakistani carriers amid rising tensions Cold Start: India's answer to Pakistan's nuclear threats The collaboration addresses critical challenges in the logistics ecosystem by enhancing container turnaround, improving asset yields for shipping lines, and reducing India's overall logistics cost index. For the transport ecosystem, this initiative ensures better asset utilisation by facilitating two-way laden movements. Container optimisation is a niche, yet vital, space requiring robust process management. MatchLog's innovative solution includes automated StreetTurn yards in key industrial clusters, enabling container surveying, minor repairs, and cleaning to ensure export readiness. Its digital platform provides real-time visibility and automated container matching, streamlining operations for efficiency. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Dhruv Taneja , Founder and CEO of MatchLog Solutions, said that they have signed this contract with Maersk Growth , the venture capital arm of the shipping organisation in Copenhagen. 'This collaboration with Maersk is a significant milestone, not just for MatchLog but for the entire logistics ecosystem in India. By leveraging our innovative technology and process automation, we are contributing to a more efficient, cost-effective, and sustainable supply chain. Maersk Growth had done an extensive search to find the best platforms in the world for container reuse. They narrowed down to MatchLog. Being an Indian home-grown company, they saw us as the best solution for this part of the world—the Indian subcontinent,' he said. Live Events Taneja added that in the past few months, the company has been in talks with global shipping lines such as Maersk, Hapag Lloyd, MSC, Costco, etc., for their container reuse platform. He pointed out that these conversations indicated that the industry understands that if you want to reuse a container, this is the SOP to be done. 'So today, any single container of any global shipping line which we have contacts with, there is a system now in place where we can send the necessary electronic messages to reuse a container. We want to create a very sustainable ecosystem in the shipping industry,' he said. The partnership underscores the growing importance of container equipment optimisation in driving logistical efficiencies and reducing costs, reaffirming India's position as a critical player in the global shipping and logistics sector.
