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Home > All news > Business, Logistics > Allcargo Terminals Q3FY24 Earnings - Revenue up 6% YoY
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Allcargo Terminals Q3FY24 Earnings - Revenue up 6% YoY

February 3, 2024
Reading Time: < 1 minute
Suresh Kumar Ramiah CEO Allcargo Logistics Ltd 2

CFS volumes for the quarter up 9% YoY

Mumbai : Allcargo Terminals Limited has announced its financial results for the quarter ended December 30th 2023.

Summary of Consolidated Financial Results:

Particulars (in ₹Crs) Q3FY24 Q3FY23 Y-o-Y 9MFY24 9MFY23 Y-o-Y
Revenue1851756%5515226%
EBITDA2936-18%91117-23%
Profit After Tax (PAT)*151311%3546-23%

Suresh Kumar R, Managing Director, Allcargo Terminals Limited said, “In Q3FY24 our volumes grew 9% as compared to same period last year. We continue our focus on service delivery through operational excellence. Our Digital initiatives are gaining traction even as we are transitioning to a new CRM platform. In Q3FY24 we have enhanced the capabilities of our MyCFS portal and now are be able to handle over two third of the import export cycle. We believe this will lead to greater customer satisfaction and retention.

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