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Allcargo Terminals Limited — Earnings Release 2024
May 17, 2024
58975_rns_2024-05-18_1a61bbff-d978-4e29-a396-7540c12b363d.pdf
Earnings Release
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May 17, 2024
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| To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 BSE Scrip Code: 543954 |
To, National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 NSE Symbol: ATL |
|---|---|
Dear Sir/Madam,
Sub: Submission of Press Release
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Press Release on Q4FY24 Earnings and CFS Volumes.
The same is also made available on the website of the Company i.e. www.allcargoterminals.com.
Kindly take the above on record.
Thanking You,
Yours faithfully,
For Allcargo Terminals Limited
Digitally signed by SURESH KUMAR SURESH KUMAR RAMIAH RAMIAH Date: 2024.05.17 23:54:12 +05'30'
Suresh Kumar Ramiah Managing Director (DIN: 07019419)
Encl: a/a
ALLCARGO TERMINALS LIMITED (FORMERLY KNOWN AS ALLCARGO TERMINALS PRIVATE LIMITED) 2[nd] Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Mumbai - 400 098, Maharashtra, India. www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | GSTIN: 27AAHCT1583D1ZC T: +91 22 6679 8110 |E: [email protected]
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Allcargo Terminals Q4FY24 Earnings- CFS Volumes Surge 8% Year-on-Year
Mumbai, May 17[th] , 2024: Allcargo Terminals Ltd has announced its financial results for the quarter ended March 31[st] , 2024.
Further details are as per the below table.
Summary of Consolidated Financial Results Q4FY24 compared to Q4FY23
(₹ in Crs)
| Particulars (in ₹Crs) |
Q4FY24 | Q4FY23 | Y-o-Y | Q3FY24 | Q-o-Q |
|---|---|---|---|---|---|
| Revenue | 182 | 184 | -1% | 185 | -2% |
| EBITDA | 27 | 26 | 1% | 29 | -9% |
| Profit After Tax (PAT) |
9 | 13 | -27%* | 15 | -37% |
*Adjusting for one off Q4FY24 PAT would be in line with last year same quarter
Key highlights:
Suresh Kumar R, Managing Director, Allcargo Terminals Limited said, “FY24 was marked by geopolitical events which disrupted the global container trade. Despite this, Allcargo Terminals registered a volume growth of 8 percent over the previous year, keeping us ahead of the industry growth. Our efforts in the past year for enhancing service levels through Digital enablement with myCFS portal, App and the new CRM platform are progressing well.”
ABOUT ALLCARGO TERMINALS Limited.
Allcargo Terminals Limited (ATL),recently demerged from Allcargo Logistics, an India-born global leader in multimodal logistics solutions. The organization is now an independent entity and in process of listing. ATL offers India’s widest CFS networks and specializes in Container Freight Stations (CFS) and Inland Container Depots (ICD), operates across the country, serving diverse logistical requirements at strategic locations such as JNPT, Mundra, Chennai, and Kolkata. Its best-in-class digital tool, myCFS portal offers contact-less CFS services. ATL adhere to unparalleled safety and security standards, including OHSAS, ISO, GSV (C-TPAT-compliant), and AEO certification. ATL is dedicated to meeting diverse logistical needs and is well positioned to explore numerous avenues and opportunities in terminals, including multimodal logistics parks and other ventures. Allcargo Terminals LTD listed on the BSE Limited {Scrip Code- 543954 ) and The National Stock Exchange of India Limited (Scrip Code- ATL ).
For further information, contact : Pooja Singh [email protected]