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You are here: Home » National News » Supply Chain» Allcargo Q4 net slips marginally

Allcargo Q4 net slips marginally

24 May 2017 | New Delhi
 

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Allcargo Logistics today reported a marginal dip of 2% in consolidated net profit at INR 57.24 crore for the quarter ended March 31, 2017.

The company’s net profit was at INR 58.64 crore in the year-ago quarter. Its total income from operations during the quarter was at INR 1,362.81 crore, as against INR 1,390 crore a year ago.

The firm’s total expenses fell to INR 1,295.79 crore, compared to INR 1,319.17 crore in the year-ago period.

Allcargo Logistics, part of The Avvashya Group, offers specialised logistics services across multi-modal transport operations, container freight station operations, coastal shipping services with fleet of ships owned and operated ships and Project and Engineering Solutions.

Shares of the company today ended 1.13% lower at INR 175.40 on the BSE.

   
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