Source: Economic Times

Mumbai, Allcargo Logistics (NSE 0.42 %) net profit surged over three-folds to Rs 106 crore in the June 2021 quarter over the same month a year ago, helped by volume growth and transformation initiatives. The integrated logistics company had posted a net profit of Rs 30 crore in Q1FY21, according to a release.

Revenue from operations rose 66 per cent to Rs 3,449 crore in the quarter under consideration as against Rs 2,077 crore clocked in the June quarter of the previous fiscal.

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