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Orissa Bengal Carrier Ltd Q1FY24; 27% fall in Profits

Orissa Bengal Carrier Ltd was originally incorporated in 1994 as Orissa Bengal Carrier Pvt Ltd, later it was converted into a Public Ltd Company in 2009. The co. is engaged in Transportation & Logistics Business, headquartered in Chhattisgarh. The main business activity of the co. is Full Truck Load Transport service wherein co. does transport the consignment by road all over India. Shri Manoj Kumar Agrawal is the Whole Director of the co.

Financial Results:

Orissa Bengal Carrier Ltd reported Revenues for Q1FY24 of ₹78.41 Crores down from ₹90.65 Crore year on year, a fall of 13.5%.

Total Expenses for Q1FY24 of ₹76.02 Crores down from ₹86.96 Crores year on year, a fall of 12.58%.

Consolidated Net Profit of ₹2.29 Crores down 26.84% from ₹3.13 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.09, down 26.35% from ₹1.48 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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