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Allcargo Logistics profit after tax dips 13% to Rs 58 cr in Sept quarter

The logistics firm had clocked a PAT of Rs 66.84 crore for the corresponding quarter of the previous financial year, it said in a BSE filing

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Allcargo Logistics | Q2 results

Press Trust of India  |  New Delhi 

Allcargo investing Rs 1,000 cr in 4 logistics parks

on Friday reported a 13.24 per cent dip in consolidated profit after tax (PAT) to Rs 58 crore for the quarter ended September 30.

The logistics firm had clocked a PAT of Rs 66.84 crore for the corresponding quarter of the previous financial year, it said in a BSE filing.

Its total income during July-September 2020 increased to Rs 2,351.59 crore, from Rs 1,883.98 crore in the year-ago period.

Total expenses also rose to Rs 2,283.69 crore, compared with Rs 1,808.48 crore a year ago.

Allcargo operates primarily in four segments -- multimodal transport operations, container freight stations operations/inland container depot operations, project and engineering solutions, and logistics park.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Fri, November 06 2020. 23:36 IST
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