Logistics major Allcargo Logistics Ltd posted 14% increase in consolidated net profit at Rs 72.5 crore for the quarter ended September 30, as compared to Rs 63.6 crore for the corresponding quarter last year. Total consolidated revenue from operations reported a marginal increase during the quarter at Rs 1468.1 crore this year versus Rs 1462.5 crore last year.
Driven largely by staggering growth in multimodal transport operation (MTO) and container freight stations (CFS), Allcargo reported 20 per cent increase in earnings before interest, tax, depreciation and amortization (EBIDTA) resulting into 155 basis point increase in EBIDTA margins to 9.6%.
Earning per share (EPS) for the quarter under consideration of Allcargo was Rs 5.8, for a face value of Rs 2 per share, an increase of 18% during the period under consideration.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app