
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 βΉ12.77 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
- SectorsTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Legal Name Velocity Freight Pvt Ltd.
- Date of Incorporation 11 Jul, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- 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
Associated legal entities of Velocity Freight
Velocity Freight operates through Velocity Freight Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Velocity Freight Private Limited CIN U74999TN2016PTC111352 | Active | 11 Jul 2016 | Chennai, Tamil Nadu | ₹12.8 Cr | 2 | View details |
Products & Services of Velocity Freight
Velocity Freight offers a comprehensive portfolio of products and services, including Road Freight and Air Freight.
Cargo is transported securely and efficiently by road for various shipments.
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Latha Cheenikal Achudan DIN 07498838 | Director | 11 Jul 2016 | 10 yrs 3 mo | Velocity Freight Private Limited |
| Ramprakash Sadasivam DIN 05247249 | Director | 01 Mar 2017 | 9 yrs 8 mo | Velocity 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.
Detailed financial statements for Velocity Freight
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 |
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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 βΉ12.77 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.