|
||||||||||||||||||||||||||||
Allcargo Logistics Limited Q2 FY17 Results | ||||||||||||||||||||||||||||
Mumbai, Maharashtra, India
Allcargo Logistics Ltd. today announced its unaudited financial results for the quarter ended September 30, 2016.
The performance highlights are Consolidated Results – Q2 FY17
Resources and Liquidity As on September 30, 2016, the Networth was Rs. 1,868 crore and the Net Debt was Rs. 263 crore. The capital structure of the Company remains conservative with net debt to equity ratio of 0.14 as on September 30, 2016. The Return on Capital (ROCE) stands at 16%.
Business Performance Allcargo operates primarily in three segments, viz., Multimodal Transport Operations, Container Freight Stations Operations and Project & Engineering Solutions. These are consolidated business segments.
Multimodal Transport Operations (MTO)
Container Freight Stations (CFS)
Project & Engineering Solutions (P&E)
Recent Developments – Q2 FY17
Bagged contract to manage and operate Central Warehousing Corporation’s CFS in Mundra, Gujarat
Announced Buyback of Shares – To Reward Shareholders
Awards and Recognitions – Q2 FY17
Lloyd’s List Asia Awards, 2016
Maritime and Logistics Awards, 2016
Stock Market Highlights – General Information and Shareholding Pattern as on September 30, 2016:
1BSE stock exchange as on November 22, 2016
About Allcargo Logistics Limited Allcargo Logistics Ltd., part of The Avvashya Group, is a global leader in integrated logistics solutions. The company offers specialized logistics services across Multimodal Transport Operations, Container Freight Station Operations and Project & Engineering Solutions. Benchmarked quality standards, standardized processes and operation excellence across all the services and facilities, have enabled Allcargo Logistics Ltd. to emerge as the market leader in all these segments.
The Company currently operates out of 300 plus offices in 164 countries and gets supported by an even larger network of franchisee offices across the world. Allcargo is today one of India's largest publicly owned logistics companies, listed on the Bombay Stock Exchange (BSE: ALLCARGO) and The National Stock Exchange of India (NSE: ALLCARGO).
Caution Concerning Forward-Looking Statements: This document includes certain forward-looking statements. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. Allcargo Logistics Limited is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. |
||||||||||||||||||||||||||||
|
||||||||||||||
| ||||||||||||||