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Allcargo Logistics Ltd Q1FY24; 54% fall in Profit

Incorporated in 1993, Allcargo Logistics provides integrated logistics solutions and offers specialized logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations and project and engineering solutions

Financial Results:

Allcargo Logistics Ltd reported Revenues for Q1FY24 of ₹3,271.00 Crores down from ₹5,474.00 Crore year on year, a fall of 40.24%.

Total Expenses for Q1FY24 of ₹3,241.00 Crores down from ₹5,196.00 Crores year on year, a fall of 37.63%.

Consolidated Net Profit of ₹119.00 Crores down 54.23% from ₹260.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.99, down 50.05% from ₹9.99 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: Logistics
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