Allcargo Logistics Q1 results: Net profit grows over 3-folds to Rs 106 cr

August 17 , 2021

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.

Read More:

MORE NEWS

ALLCARGO TO GET INTO LAST-MILE DELIVERY; EYES RS 1500CR INCOME.

July 19 , 2017 | CATEGORY : SERVICES

Avashya Foundation undertakes a Tree Plantation drive in Karnataka

July 14 , 2016 | CATEGORY : SERVICES

On March 04, 2017, the Allcargo-Avvashya team defeated the Osian cricket club to win the final of th...

April 19 , 2017 | CATEGORY : SERVICES