Expanding horizons, Inspiring growth

In a world of ever-growing goods exchanges, Velogic stands at the forefront, dedicated to bridging distances between bustling cities and distant shores — making trade easier and more accessible. Through our 60-year strong expertise and global network of partners, we offer limitless opportunities for our clients to explore untapped markets and thrive to new heights.

Interview with
our Chairman.

Velogic’s regional expansion plans are progressing well, with our overseas operations contributing over 50% to our bottom line.

Our One-Stop-Shop Offer

Operational Performance

Cross-Border Logistics
0
Air Freight
(Tons)
Jun 22: 4,791
0
Sea Freight
(TEUs)
Jun 22: 9,585
0
Express Courier
(No. of shipments)
Jun 22: 118,574
Landside Logistics
0
Container Storage
(K TEU Days)
Jun 22: 722
0
Container Transport
(No.of Trips)
Jun 22: 71,817
0
Sugar Transportation
(Tons)
Jun 22: 479,947
Packing
0
Sugar Packing
(Tons)
Jun 22: 7,712
CEO’s
Report.
Velogic pursued its growth momentum, delivering double-digit growth in profitability and further consolidating its footprint in East Africa. After a very eventful couple of years, the road to normalcy was fraught with new challenges, which we managed to overcome successfully.

Year ended 30 June 2023

Financial Performance

-8%
0 m
Revenue (MUR)
vs 3,658m
+7%
0 m
EBITDA (MUR)
vs 481m
+16%
0 m
PAT (MUR)
vs 191m
+18%
0 m
Net cashflow from
operating activities (MUR)
vs 352m
+7%
0
NAVPS (MUR)
vs 17.58
+67.16%
0 m
Dividend (MUR)
vs 67m

CFO's
Report.

As we keep growing in 2023 and beyond, we will ensure that we maintain the financial strength and health of the company to support our expansion in the most optimal way and to the benefit of our shareholders.
Naveen Sangeelee
Chief Finance and Investment Officer