ALLCARGO LOGISTICS LTD. ANNOUNCES ITS AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH...
June 05 , 2016
KEY BUSINESSES DEMONSTRATE STRONG PROFITABLE GROWTH
IN THE FULL YEAR
CONSOLIDATED REVENUE FROM OPERATIONS AT RS 5,688 CRORE
GROSS PROFIT AT RS 1,876 CRORE – YOY INCREASE OF 11%
CONSOLIDATED NORMALIZED EBITDA (ADJUSTING FOR ONE TIME EXPENSES)
MAINTAINED AT RS 536 CRORE – YOY INCREASE OF 13%
NORMALIZED EBITDA MARGIN AT 9.4% - YOY INCREASE OF OVER 95 BPS
FOCUS ON CONSERVATIVE CAPITAL STRUCTURE – YOY INCREASE OF
16% IN NETWORTH; 36% DECLINE IN NET DEBT
BOARD APPROVES THE ACQUISITION OF CONTROLLING STAKE (61.13%) IN AVVASHYA CCI LOGISTICS PVT LTD (ACCI), JOINTLY WITH HCL 100% SUBSIDIARY OF THE COMPANY – ACCI IS ONE OF THE MARKET LEADERS IN CONTRACT LOGISITICS
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