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Allcargo Q3 net up 25.96% at Rs 71.8 cr

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Press Trust of India Mumbai
Allcargo Logistics today reported a 25.96 per cent rise in its consolidated net profit at Rs 71.8 crore for the quarter ended December 31, 2014.

It had reported a net profit of Rs 57 crore in the corresponding quarter last fiscal, the company said in a statement.

However, the company's total income for the October-December quarter declined 5.61 per cent at Rs 1,443.3 crore as compared to Rs 1,529.1 crore a year ago.

The company attributed the dip to currency fluctuation and its acquisition of FCL Marine during the quarter under review.

During the quarter, its Multi-modal Transport Operations segment clocked a revenue of Rs 1,201 crore as against Rs 1,339 crore in the year-ago period.
 

Container Freight Stations Operations segment posted a revenue of Rs 106 crore during the quarter compared to Rs 84 crore in the corresponding period last year.

Project and Engineering Solutions segment recorded a revenue of Rs 17 crore during the quarter as against Rs 15 crore in the year ago period.

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First Published: Feb 12 2015 | 8:40 PM IST

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