Ravi Jakhar, Chief Strategy Officer, Allcargo Group On Q4, Supply & Chain, Cargo Biz & FY25 Outlook
- Updated May 29, 2024 2:21 PM IST
Allcargo Logistics reports Q4 earnings report. The revenue is increased by 6% quarter-on-quarter to ₹3,398 crore, showing a slight year-on-year growth of 0.1%. However, the EBITDA fell by 11% QoQ to ₹99 crore, marking a 31% decline from ₹143 crore in Q4FY23, with the EBITDA margin dropping to 2.9% from 4.2% YoY and 3.5% in Q3FY24. The company reported a net loss of ₹12 crore, a significant drop from a ₹52 crore profit YoY, and a PAT of ₹17 crore in Q3FY24. The PAT margin decreased to -0.4% from 1.5% in Q4FY23, and the basic EPS fell to -₹0.06 from ₹0.63 YoY. Ravi Jakhar, Chief Strategy Officer of Allcargo Group, discusses these results and provides insights into the company's FY25 outlook in an interview with Business Today TV's Sakshi Batra. Subscribe for more updates on corporate earnings and market insights!
