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

August 01, 2024 2 min read
author Anamika Mishra, Sub Editor
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

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