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CFO Sharma Resigns from AVG Logistics for Overseas Role
22 Nov, 2025
Summary
- CFO Himanshu Sharma resigned from AVG Logistics effective November 21, 2025.
- Sharma is leaving for an overseas growth opportunity.
- AVG Logistics' Q2 FY26 net profit decreased by 5.6%.
Himanshu Sharma has stepped down as the Chief Financial Officer (CFO) of AVG Logistics, with his resignation taking effect on November 21, 2025. Sharma's decision to leave is motivated by a significant overseas growth opportunity that has arisen.
The logistics company reported its financial results for the second quarter of fiscal year 2026, revealing a consolidated net profit of Rs 5.08 crore. This figure represents a 5.6% decrease compared to the same quarter in the previous fiscal year.
Despite the profit dip, AVG Logistics experienced a 3.3% rise in its revenue from operations, reaching Rs 143.03 crore for the quarter. In the stock market, AVG Logistics shares saw a minor decline of 1.80% on November 21, 2025.
