Western Carriers (India) Ltd has secured a ₹170 crore contract from Hindustan Zinc Limited for multi-modal logistics services. WCIL will handle domestic and export transportation of zinc and lead ingots for HZL over 4 years, reinforcing its leadership in India’s logistics sector.
Western Carriers (India) Ltd (WCIL) secured a ₹170 crore contract from Hindustan Zinc Limited (HZL) for transporting zinc and lead ingots from smelting units in Rajasthan and Uttarakhand to ports and customer sites across India. The four-year deal covers both domestic and export logistics, strengthening WCIL’s presence in the supply chain sector.
CEO of WCIL, Kanishka Sethia highlighted HZL’s trust in their capabilities. As a leading multi-modal logistics provider, WCIL aims to deliver cost-effective and seamless transportation solutions to meet the growing needs of its customers.
With 50+ branch offices, 16 warehouses across 12 states and operations at 55+ rake handling points, WCIL ensures first-mile and last-mile connectivity. The company reported ₹854 crore in revenue and ₹37 crore in profit in H1 FY25, reflecting steady growth.
The company’s broad reach and integrated logistics capabilities position it as a key player in supporting the expanding demands of industries requiring seamless transportation services.
Founded in 1972, WCIL specialises in providing integrated, end-to-end logistics solutions with a focus on rail-based transportation. The company is recognised as one of India’s leading 4PL logistics providers, offering customised supply chain management services. With expertise in handling domestic and international cargo, WCIL has built long-term partnerships with major corporations across multiple industries including metals, FMCG, pharmaceuticals and oil & gas.
As of January 31, 2025, at 12:55 PM, shares of WCIL are trading at ₹108.70 per share, reflecting a surge of 6.97% from the previous day’s closing price. Over the past month, the stock has registered a slight loss of 4.69%.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 31, 2025, 3:30 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates