Allcargo Gati Limited has informed the Exchange regarding Board meeting held on May 15, 2025.
Awaiting price reaction for this filing.
Allcargo Gati's board, meeting on May 15, 2025, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from S.R. Batliboi & Associates LLP. On a consolidated basis, FY25 revenue from operations rose modestly to ₹1,50,994 lakhs (vs ₹1,47,884 lakhs in FY24), while profit from continuing operations after tax jumped to ₹1,037 lakhs (vs ₹369 lakhs). The board also approved the re-appointment of Mr. Dinesh Kumar Lal as Non-Executive Independent Director for a second 5-year term effective July 3, 2025, subject to shareholder approval. The company disclosed that Income Tax authorities conducted a search on the company and its subsidiaries during Q4 FY25, with no findings communicated yet.
Results show a sharp recovery in consolidated continuing-operations profitability versus FY24, though standalone profit declined due to lower exceptional gains. The income tax search and pending NCLT merger with Allcargo Logistics are key items investors should track. The director re-appointment signals board continuity.