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Accuracy Shipping Ltd Q1FY24; 43% fall in Revenue

Accuracy Shipping Ltd is involved in providing third party logistics solutions. It offers customized and end-to-end logistics solutions and services including transportation distribution, freight forwarding, clearing and forwarding services, custom house clearance, warehousing and value added services.

Financial Results:

Accuracy Shipping Ltd reported Revenues for Q1FY24 of ₹142.14 Crores down from ₹248.84 Crore year on year, a fall of 42.88%.

Total Expenses for Q1FY24 of ₹145.46 Crores down from ₹243.90 Crores year on year, a fall of 40.36%.

Consolidated Net Profit of -₹3.72 Crores from ₹2.54 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.25, from ₹0.14 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Shipping
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