Please find enclosed attachment
Awaiting price reaction for this filing.
The Board of Allcargo Gati approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified (clean) auditor opinion from S.R. Batliboi & Associates LLP. On a standalone basis, revenue from operations fell to Rs. 138 lakhs (vs Rs. 158 lakhs in FY24), while profit after tax dropped to Rs. 1,523 lakhs (vs Rs. 3,174 lakhs) due to lower exceptional gains. On a consolidated basis, revenue rose modestly to Rs. 1,50,994 lakhs (~2% YoY) and profit after tax nearly doubled to Rs. 1,195 lakhs (vs Rs. 612 lakhs). The company reclassified its fuel station business as discontinued operations and restated prior period figures. The Board also approved re-appointment of Dinesh Kumar Lal as Independent Director for another 5-year term. Income tax authorities conducted searches at the company and its subsidiaries in February 2025, though no findings have been communicated yet. A proposed merger with parent Allcargo Logistics remains pending NCLT approval.
Standalone headline earnings weakened significantly due to lower one-time gains, but consolidated core logistics business showed healthy PAT growth. The income-tax search and pending merger with Allcargo Logistics introduce short-term uncertainty, though a clean audit and falling borrowings (Rs. 14,425L to Rs. 1,936L) are positive signals.