All cargo Terminals Sees 6.11% Increase in Q1 FY25 Profit, Reaching Rs 9.54 Crore

The company's operating revenue for the April–June quarter climbed by 4.93 percent to Rs 189.64 crore from Rs 180.69 crore in the same period last year.

After recently splitting out from Allcargo Logistics, Allcargo Terminals recorded a 6.11 percent increase in consolidated net profit for the quarter ending June 30 at Rs 9.54 crore, compared to Rs 8.99 crore in the same quarter last fiscal year.

The company's operating revenue for the April–June quarter climbed by 4.93 percent to Rs 189.64 crore from Rs 180.69 crore in the same period last year.

Volumes at Allcargo Terminals' container freight station (CFS) increased by 8% to 159000 TEUs during the reviewed quarter.

"Strong volume growth of 9% over the previous year and 4% over the previous quarter is enabled by presence across key ports, sales acceleration initiatives, and client relationships," the company stated in a statement.

It went on to say that leveraging operational efficiency and volume growth gives profitability a boost, with EBITDA growing by 13% over the prior quarter.

"We have maintained our lead in the market thanks to robust volume growth that has improved profits. Robust sequential quarter growth in EBITDA is made possible by cost measures and operating improvements. Suresh Kumar R, Managing Director of Allcargo Terminals, stated, "Building on our growth trajectory, we have initiated capacity enhancement programs and remain committed to delivering sustainable long-term value for our shareholders."

With the largest CFS networks in India, Allcargo Terminals specializes in Inland Container Depots (ICD) and Container Freight Stations (CFS). The company operates all over the nation, meeting a variety of logistical needs in key hubs including JNPT, Mundra, Chennai, and Kolkata.