Allcargo Logistics' Q4 profit jumps five-fold
Source: IRIS | 25 May, 2015, 02.01PM
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Rating: NAN / 5 stars. |
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Allcargo Logistics, an integrated logistics solutions company has posted almost a five fold jump in its consolidated net profit at Rs 555 million for the quarter ended March 31, 2015 as against Rs 115 million in the same period last year.
Total revenue of the company reported a rise of 11% to Rs 14.34 billion for the quarter ended March 31, 2015 as against Rs 12.86 billion for the comparable quarter last year.
EPS for the quarter ended March 31, 2015 was Rs 4.4, for a face value of Rs. 2 a share.
The board of directors have recommended a final dividend of 70% i.e. Rs. 1.4 a share of Rs. 2 each for the financial year ended March 31, 2015. An interim dividend of 30% i.e. Rs. 0.6 a share had already been paid, making total dividend of 100% Rs. 2 a share. Shares of the company declined Rs 4.5, or 1.36%, to trade at Rs 327.10. The total volume of shares traded was 11,399 at the BSE (1.54 p.m., Monday).
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