Allcargo Logistics announced a steady growth in consolidated net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 14% to Rs 725.40 million from Rs 636.30 million in the same quarter last year.
Revenues for the quarter rose marginally 0.38% to Rs 14,681.20 million, compared with Rs 14,625 million for the prior year period.
Operating margin for the quarter stood at 9.61 percent as compared to 8.05 percent for the previous year period. Operating Income for the quarter was Rs 1,410.30 million, compared with Rs 1177.9 million in the previous year period.
Earnings per share for the quarter stood at Rs 5.80, registering 16% growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Sep - 15 | Sep - 14 | %Change |
Revenues | 14,681.20 | 14,625.00 | 0.38 |
Net Profit | 725.40 | 636.30 | 14.00 |
Diluted EPS | 5.80 | 5.00 | 16.00 |
The Board has approved a bonus issue of 1:1 and payment of interim dividend of Rs 1 a share.
Shares of the company gained Rs 5.6, or 1.75%, to trade at Rs 324.85. The total volume of shares traded was 22,803 at the BSE (10.54 a.m., Friday).