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Allcargo Logistics Ltd Q2FY24; 92% fall in Profits

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 Q2FY24 of ₹3,307.00 Crores down from ₹5,055.00 Crore year on year, a fall of 34.58%.

Total Expenses for Q2FY24 of ₹3,333.00 Crores down from ₹4,780.00 Crores year on year, a fall of 30.27%.

Consolidated Net Profit of ₹16.00 Crores down 91.79% from ₹195.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.89, down 87.71% from ₹7.24 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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