Aegis Logistics Q1 FY25 results (Apr–Jun 2024) and concall

Aegis Logistics delivered a record-breaking first quarter for FY25, characterized by strong volume growth in LPG logistics and significant margin expansion in the liquid storage segment. Management expressed high confidence in their 25% CAGR growth target, backed by a massive ₹4,500 crore capex pipeline. While the distribution segment faced short-term headwinds from natural gas pricing, the core terminaling business remains robust with major expansions in Mangalore and Pipavav on track for FY26 commissioning.