Velocity Freight

Chennai, India
Logistics and freight services, including road, air, ocean, and warehousing, are offered in Chennai.

About Velocity Freight

Velocity Freight is a Transportation, Automotive & Logistics company based in Chennai (India). Logistics and freight services, including road, air, ocean, and warehousing, are offered in Chennai. Its Indian entity Velocity Freight Private Limited reported revenue of β‚Ή12.77 Cr. Velocity Freight offers products and services including Road Freight and Air Freight. Its focus areas include Transportation and Logistics, Warehousing, Storage Solutions and Logistics Storage.

Company details

Velocity Freight . Is Identified As A Leading Logistics Company Based In Chennai, Where Complete Logistic And Documentary Services Are Provided For A Wide Range Of Commodities Via Lcl, Container, Or Break-bulk Across The Globe. Road, Air, And Ocean Freight Services Are Managed Through Long-standing Partnerships, Ensuring Efficient And Reliable Transport. Warehousing Solutions Are Also Offered From One Source, Covering Storage And Special Transport-related Needs. This Setup Allows Logistical Requirements To Be Handled Effectively For International Destinations.

  • Headquarters Chennai, India
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Legal Name Velocity Freight Pvt Ltd.
  • Date of Incorporation 11 Jul, 2016
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹12.77 Cr

    FY 2024 · -14% YoY

  • Net Profit
    ₹11.7 Lakh

    FY 2024 · 1% margin

  • EBITDA
    ₹37.6 Lakh

    FY 2024 · 3% margin

Products & Services of Velocity Freight

Velocity Freight offers a comprehensive portfolio of products and services, including Road Freight and Air Freight.

Road Freight
Transportation Services

Cargo is transported securely and efficiently by road for various shipments.

Air Freight
Transportation Services

Logistical requirements are managed via air to destinations worldwide through established partnerships.

Board of directors of Velocity Freight Private Limited (Velocity Freight)

Velocity Freight Private Limited is the primary company behind Velocity Freight. The board of Velocity Freight Private Limited currently have 2 directors; the longest-serving is Latha Cheenikal Achudan, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Latha Cheenikal Achudan
DIN 07498838
Director11 Jul 201610 yrs 3 moVelocity Freight Private Limited
Ramprakash Sadasivam
DIN 05247249
Director01 Mar 20179 yrs 8 moVelocity Freight Private Limited

Financials of Velocity Freight

Figures of Velocity Freight Private Limited, the primary company behind Velocity Freight, for FY 2024. Revenue was ₹12.77 Cr (-14% year on year). Net profit was ₹11.7 Lakh (1% margin). EBITDA was ₹37.6 Lakh (3% margin). Revenue has grown at a compounded annual rate of +5% over three years and +14% over five years.

  • ₹12.77 CrRevenue · FY 2024 · -14% YoY
  • ₹11.7 LakhNet profit · 1% margin
  • ₹37.6 LakhEBITDA · 3% margin
  • ₹10 LakhPaid-up capital
  • +5%Revenue CAGR, 3 years
  • +14%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Velocity Freight Private Limited are on its company page.

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Detailed financial statements for Velocity Freight

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Top companies in Warehousing

3 companies that operate in the same segment as Velocity Freight (Warehousing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Sustainable supply chain solutions are delivered via asset pooling.
2013Mumbai, Maharashtra, IndiaUSD 214.47 MUSD 30.93 M246
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M4,100
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
1993Mumbai, Maharashtra, IndiaUSD 18 MUSD 219.35 M557
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Frequently Asked Questions about Velocity Freight

Velocity Freight is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

The primary company behind Velocity Freight, Velocity Freight Private Limited, reported revenue of β‚Ή12.77 Cr for FY 2024, down 14% year on year.

Velocity Freight . Is Identified As A Leading Logistics Company Based In Chennai, Where Complete Logistic And Documentary Services Are Provided For A Wide Range Of Commodities Via Lcl, Container, Or Break-bulk Across The Globe. Road, Air, And Ocean Freight Services Are Managed Through Long-standing Partnerships, Ensuring Efficient And Reliable Transport. Warehousing Solutions Are Also Offered From One Source, Covering Storage And Special Transport-related Needs. This Setup Allows Logistical Requirements To Be Handled Effectively For International Destinations.

Velocity Freight offers Road Freight and Air Freight.

Velocity Freight operates through Velocity Freight Private Limited.

The legal entities of Velocity Freight currently have 2 directors, including Ramprakash Sadasivam, Latha Cheenikal Achudan.

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