Allcargo Gati Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
Awaiting price reaction for this filing.
Allcargo Gati Limited's board, meeting on May 15, 2025, approved audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2025. On a consolidated basis, FY25 revenue from operations rose modestly to Rs. 1,50,994 lakhs (vs Rs. 1,47,884 lakhs in FY24), while profit for the year (continuing + discontinued) jumped to Rs. 1,195 lakhs from Rs. 612 lakhs. Q4 FY25 showed a sharp turnaround with consolidated profit of Rs. 1,480 lakhs against a loss of Rs. 617 lakhs in the year-ago quarter. Statutory auditors S.R. Batliboi & Associates LLP issued an unmodified opinion. The board also re-appointed Mr. Dinesh Kumar Lal as a Non-Executive Independent Director for a second 5-year term from July 3, 2025 to July 02, 2030, subject to shareholder approval. The fuel station segment is now shown as a discontinued operation, the pending merger scheme with parent Allcargo Logistics is awaiting NCLT clearance, and an income-tax search conducted during Q4 has so far yielded no adverse findings.
The sharp Q4 profit swing and full-year earnings improvement suggest an operational recovery, though diluted EPS dipped slightly to Rs. 0.93 (from Rs. 1.12) due to equity dilution from last year's QIP. Shareholders should track the pending NCLT-approved merger with Allcargo Logistics, the outcome of the income-tax search, and the wind-down of the fuel station business.