Allcargo Logistics Posts ₹18 Crore Q2 Profit, Reversing Loss
Allcargo Logistics reported net profit of ₹18 crore in the September quarter, compared with a ₹4 crore loss a year earlier. Revenue was ₹555 crore, versus ₹537 crore, and EBITDA was ₹77 crore, versus ₹62 crore.
Allcargo Logistics reported a net profit of ₹18 crore in the September quarter, against a net loss of ₹4 crore, logged in the same perod last year.Revenue was up 3 per cent at ₹555 crore (₹537 crore). EBITDA increased 24 per cent to ₹77 crore (₹62 crore).The turnaround in profitability reflects the…