Q4FY17 Results: Allcargo logistics
Rohan Takalkar / 23 May 2017
Allcargo Logistics Ltd. reported its results for the quarter ended March 31, 2017, after market hours yesterday. Total sales for this quarter, Q4FY17, came in at Rs. 1360 crore. This represents a 3.2 per cent sequential decline and 1.81 per cent YoY decline.
Allcargo Logistics Ltd. reported its results for the quarter ended March 31, 2017, after market hours yesterday.
Total sales for this quarter, Q4FY17, came in at Rs. 1360 crore. This represents a 3.2 per cent sequential decline and 1.81 per cent YoY decline.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 64.21 crore and the EBIT margin stood at 4.72 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs. 59.28 crore which represents a sequential QoQ increase of 23.55 per cent and a YoY decline of 1.33 per cent.
The company's stock which opened for trading at Rs. 175 on the BSE, has fallen by 2.11 per cent after the results were declared and is currently trading at the Rs. 173.65 mark at 11:35 hours
Allcargo global logistics Ltd is an India-based logistic company. The company is engaged in three business segments: multimode transport operation (MTO), container freight station operation and project and engineering solution. The MTO business consists of less than container load (LCL) consolidation, trailer movement and project logistics.
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