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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