Allcargo Terminals Limited has announced its financial results for the quarter ended 30th June 2024.
Further details are as per the below table.
Summary of Consolidated Financial Results Q1FY25 compared to Q1FY24 (in Crores)
Particulars (in ₹Crs) | Q1FY25 | Q1FY24 | Y-o-Y | Q4FY24 | Q-o-Q |
Revenue | 190 | 181 | 5% | 182 | 4% |
EBITDA | 30 | 29 | 4% | 27 | 13% |
Profit After Tax (PAT)* | 9.5 | 9.0 | 6% | 9.2 | 4% |
Key highlights:
- Presence across key ports, sales acceleration initiatives and client relationships enable strong volume growth of 9% over previous year and 4% over previous quarter.
- Leveraging volume growth and operational efficiencies give profitability a fillip with 13% EBITDA growth over previous quarter.
- Suresh Kumar R, Managing Director, Allcargo Terminals Limited said, “We have stayed ahead of the market with strong volume growth translating into better margins. Operating efficiencies and cost initiatives enable robust sequential quarter EBITDA growth. Building on our growth trajectory we have embarked on capacity enhancement programs and remain committed to delivering sustainable long term value for our share-holders”