Logistic Stock Declares Q2 Results; Signs MoU With Russian Firm To Bring Liquid Hydrogen Tech To India

One of India's top domestic and international logistics firms, Tiger Logistics (India) Limited, has released its financial results for the quarter and half that ended on September 30, 2025. For the September quarter of FY26, the firm reported a 14% increase in net profit to Rs 86.19 crore, up from Rs 75.36 crore during the same period in the previous year. Revenue from operations shot up from Rs 160 crore in Q2FY25 to Rs 168.7 crore in Q2FY26, a 5.4% growth. The quarter's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was Rs 12 crore, up over 90% from Rs 6.29 in the year-ago quarter.

In order to work jointly on the transportation and storage infrastructure for liquid hydrogen in India, Tiger Logistics (India) Limited recently announced that it had signed a Memorandum of Understanding (MoU) with H2 Invest Limited Liability Company, a Russian company that specializes in hydrogen technologies.

With the goal of establishing the groundwork for a strong hydrogen supply chain in India, this is the beginning of a first-of-its-kind collaborative effort between an international hydrogen technology company and an Indian logistics giant. In accordance with the Memorandum of Understanding, Tiger Logistics and H2 Invest will collaborate to implement cryogenic tanks for the transportation and storage of liquid hydrogen, including H2 Invest's CryoSafe container technology into India's developing hydrogen value chain.

The joint venture will make it possible to carry liquid hydrogen across a wide geographic area using trucks, railways, and container ships. In order to facilitate the development and deployment of cryogenic tanks and storage systems for both domestic and foreign markets, the proposed joint venture will operate as a technological and manufacturing platform to support hydrogen logistics.

Tiger Logistics India Limited is a prominent international logistics firm and solutions provider that is listed on the Bombay Stock Exchange and the National Stock Exchange. Its services include freight forwarding (air & ocean), defense & project logistics, transportation, and customs clearance. Tiger Logistics has over 24 years of expertise in a variety of industries, including automotive, renewable energy, engineering-based goods, yarns & textiles, pharmaceutical, consumer durables, commodities, construction materials, defense & aerospace, and FMCG.

Tiger Logistics (India) shares rose 5.43% from the previous close to an intraday high of Rs 43.88 on Wednesday, November 12. The stock opened at Rs 42.38 on the BSE and was trading 3.17% higher at Rs 42.94 as of the time of this writing. As of November 12th, the company's market capitalization was Rs 453.98 Cr.