Aegis Logistics Sees 19.11% Increase in Q1 FY25 PAT, Reaches Rs 158.06 Crore

Its revenue in April-June fell to Rs 1,601.34 crore from Rs 2,100.53 crore in Q1 FY2024, a 23.76 percent drop. Aegis Logistics, an integrated logistics solutions provider, reported a 19.11% growth in consolidated net profit for the quarter ended June 30 to Rs 158.06 crore. The company posted a PAT of Rs 132.69 crore for the same time last year. Its income during the April-June period, however, decreased to Rs 1,601.34 crore from Rs 2,100.53 crore reported in Q1 FY2024, marking a decline of 23.76 percent. Comparing the company's overall expenses for the review period to the same quarter previous year, they decreased to Rs 1,437.19 crore from Rs 1,967.74 crore. The company said that Kandla Port commissioned a 42,000 KL capacity in FY2024 in its investor presentation. Additionally, it was mentioned that Haldia Port completed a 50,000 KL capacity, Kochi Port acquired a 16,000 KL Liquid Storage Terminal in FY2024, and Mangalore Port added a 76,000 KL capacity. JNPT Port's 110,000 KL capacity is