BSEAllcargo Gati LtdLowNeutral
Announced Thu, 15 May · 20:58 IST

Please refer to the enclosed intimation

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Allcargo Gati Limited met on May 15, 2025 and approved the audited standalone and consolidated financial results for Q4 FY25 and the financial year ended March 31, 2025, with an unmodified (clean) opinion from statutory auditors S.R. Batliboi & Associates LLP. On a consolidated basis, FY25 revenue from operations rose to ₹1,50,994 lakhs (vs ₹1,47,884 lakhs in FY24), while profit after tax nearly doubled to ₹1,195 lakhs (vs ₹612 lakhs); Q4 FY25 PAT swung to a profit of ₹1,480 lakhs from a loss of ₹617 lakhs in Q4 FY24. On a standalone basis, however, FY25 PAT fell sharply to ₹1,681 lakhs (vs ₹3,417 lakhs in FY24, which had a one-time exceptional gain of ₹2,663 lakhs from reversal of a corporate guarantee liability). The Board also approved the re-appointment of Mr. Dinesh Kumar Lal as Non-Executive Independent Director for a second 5-year term from July 3, 2025 to July 2, 2030, subject to shareholder approval. The Fuel Station business has been classified as a discontinued operation under Ind AS 105.

Likely market impact

Consolidated profitability showed strong year-on-year improvement, which is a positive signal for shareholders, though standalone PAT declined due to the absence of last year's large exceptional item. The clean auditor opinion, re-appointment of an independent director, and a company-level Income Tax search (already disclosed on Feb 12, 2025) are key items investors should track. The pending NCLT merger scheme with Allcargo Logistics (parent) remains a material overhang.