Q3FY17 Results: Allcargo Logistics Ltd.
Bhagyashree Vivarekar / 14 Feb 2017
On Monday, Allcargo Logistics Ltd. reported its results for the quarter ended on December 31, 2016. The total sales for this quarter, Q3FY17, came in at Rs 1,411.44 crore. This represents a 0.09 per cent sequential increase and 6.2 per cent YoY increase.
On Monday, Allcargo Logistics Ltd. reported its results for the quarter ended on December 31, 2016.
The total sales for this quarter, Q3FY17, came in at Rs 1,411.44 crore. This represents a 0.09 per cent sequential increase and 6.2 per cent YoY increase.
Its operating profit (EBIT) for the recently concluded quarter amounted to Rs 58.63 crore and the EBIT margin stood at 4.15 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs 47.98 crore, which represents a sequential QoQ decline of 25.42 per cent and a YoY decline of 9.61 per cent.
Allcargo Logistics Ltd. is an India-based logistic company. The company is engaged in three business segments: multimode transport operation (MTO), container freight station (CFS) operation and project & engineering solution. The MTO business consists of less than container load (LCL) consolidation, trailer movement and project logistics