CALCULATE YOUR SIP RETURNS

Western Carriers Secures ₹170 Crore Logistics Contract from Hindustan Zinc Ltd

Written by: Team Angel OneUpdated on: Jan 31, 2025, 3:30 PM IST
Western Carriers India Ltd wins a ₹170 crore contract to transport zinc and lead ingots for Hindustan Zinc Ltd.
Western Carriers Secures ₹170 Crore Logistics Contract from Hindustan Zinc Ltd
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

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.

WCIL Wins ₹170 Crore Contract 

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.

Commitment to Efficient Logistics

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.

Strong Nationwide Presence

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.

Industry Leadership and Key Clients

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.

WCIL Share Performance 

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

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers