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Allcargo Logistics's Q4FY16 PAT up 25% | ||||||||||||||||||||||||||||
Mumbai, Maharashtra, India
Allcargo Logistics Ltd. today announced its audited financial results for the quarter and year ended March 31, 2016.
The performance highlights are: Consolidated Results – Q4 FY16
Consolidated Results –FY16
Resources and Liquidity As on March 31, 2016, the Networth increased by 16% to Rs. 2,206 crore and the Net Debt decreased by 36% to Rs. 269 crore. The net debt to equity ratio of the Company declined to 0.12 as on March 31, 2016, as compared to 0.22 as on March 31, 2015.
Business Performance Allcargo operates primarily in three segments, viz., Multimodal Transport Operations, Container Freight Stations Operations and Project & Engineering Solutions. These are consolidated business segments.
Multimodal Transport Operations (MTO)
Container Freight Stations (CFS) / Inland Container Depot (ICD) Operations
Project & Engineering Solutions (P&E)
Recent Developments – Q4 FY16
Stock Market Highlights – General Information and Shareholding Pattern as on March 31, 2016
1BSE stock exchange as on May 20, 2016, market capitalization adjusted for bonus shares
About Allcargo Logistics Limited Allcargo Logistics Ltd., part of The Avvashya Group, is a global leader in integrated logistics solutions. The company offers specialized logistics services across Multimodal Transport Operations, Container Freight Station Operations and Project & Engineering Solutions. Benchmarked quality standards, standardized processes and operation excellence across all the services and facilities, have enabled Allcargo Logistics Ltd. to emerge as the market leader in all these segments.
The company currently operates out of 300 plus offices in 164 countries and gets supported by an even larger network of franchisee offices across the world. Allcargo is today one of India's largest publicly owned logistics companies, listed on the Bombay Stock Exchange (BSE: ALLCARGO) and The National Stock Exchange of India (NSE: ALLCARGO).
Caution Concerning Forward-Looking Statements: This document includes certain forward-looking statements. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. Allcargo Logistics Limited is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. |
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Media Contact Details
Divya Sheth
Adfactors PR +919619105533 |
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