ALLCARGO LOGISTICS LTD. ANNOUNCES ITS AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH...
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