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Allcargo Terminals Limited — Earnings Release 2024
Feb 1, 2024
58975_rns_2024-02-01_87c76d5f-df56-41f4-a429-c3018bed6e20.pdf
Earnings Release
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February 01, 2024
| February 01, 2024 | |
|---|---|
| To, | To, |
| BSE Limited | National Stock Exchange of India Limited |
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, C-1, Block G |
| Dalal Street, Fort, | Bandra Kurla Complex, Bandra (East), |
| Mumbai – 400 001 | Mumbai – 400 051 |
| BSE Scrip Code: 543954 | NSE Symbol: ATL |
Dear Sir/Madam,
Sub: Submission of Press Release on Un-audited Standalone and Consolidated Financial Results for quarter and nine months ended December 31, 2023
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 Unaudited Standalone and Consolidated Financial Results for quarter and nine months ended December 31, 2023.
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
HARDIK Digitally signed by HARDIK JITENDRA DESAI JITENDRA DESAI Date: 2024.02.01 17:56:21 +05'30'
Hardik Desai Company Secretary and Compliance Officer
Encl: a/a
ALLCARGO TERMINALS LIMITED (FORMERLY KNOWN AS ALLCARGO TERMINALS PRIVATE LIMITED)
4[th] Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Mumbai - 400 098, Maharashtra, India. www.allcargoterminals.com | CIN: U60300MH2019PLC320697 | GSTIN: 27AAHCT1583D1ZC T: +91 22 6679 8110 |E: [email protected]
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Allcargo Terminals Q3FY24 Earnings - Revenue up 6% YoY
CFS volumes for the quarter up 9% YoY
Mumbai, February 1[st] , 2024: Allcargo Terminals Limited has announced its financial results for the quarter ended December 31[st] , 2023.
Summary of Consolidated Financial Results.
(₹ in Crs)
| Particulars | ||||||
|---|---|---|---|---|---|---|
| (in ₹Crs) | Q3FY24 | Q3FY23 | Y-o-Y | 9MFY24 | 9MFY23 | Y-o-Y |
| Revenue | 185 | 175 | 6% | 551 | 522 | 6% |
| EBITDA | 29 | 36 | -18% | 91 | 117 | -23% |
| Profit AfterTax (PAT)* | 15 | 13 | 11% | 35 | 46 | -23% |
Suresh Kumar R, Managing Director, Allcargo Terminals Limited said, “In Q3FY24 our volumes grew 9% as compared to same period last year. We continue our focus on service delivery through operational excellence. Our Digital initiatives are gaining traction even as we are transitioning to a new CRM platform. In Q3FY24 we have enhanced the capabilities of our MyCFS portal and now are be able to handle over two third of the import export cycle. We believe this will lead to greater customer satisfaction and retention.
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 wellpositioned 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]