Rail operators likely to post double-digit growth in FY25: Ind-Ra

MUMBAI: Rail operators’ revenue is expected to grow into double-digit, while warehousing sector is projected to log a 3-5 per cent year-on-year growth in organic rentals this fiscal even as the demand for Grade-A space may remain intact, ratings agency India Ratings said on Friday.

For sea transport, the ratings agency said, it is expecting port volumes will be supported by the coastal movement of goods and global container freight, with the easing of geopolitical tensions, including the Red Sea crisis and the normalisation of US-bound traffic.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for container freight stations is expected to remain range-bound due to the increase in the proportion of direct port delivery and high competition intensity at large ports, according to Ind-Ra (India Ratings). PTI