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Allcargo Terminals LimitedOthers, 14-05-2025: Appointment

14-05-2025 | 08:24 pm

Allcargo Terminals Limited has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025, reporting standalone profit after tax of Rs 52.95 Cr and consolidated profit after tax of Rs 30.23 Cr for the year. The company acquired a 15% stake in Speedy Multimodes Limited, making it a wholly owned subsidiary, and purchased 7.6% stake in Haryana Orbital Rail Corporation Limited. New tax and secretarial auditors were appointed for five years. Senior management appointments include naming Managing Director Suresh Kumar Ramiah as Chief Operating Decision Maker. The CSR committee was reconstituted with Mahendrakumar Chouhan as Chairperson. The company is cooperating with Income-Tax Authority inquiries, with no financial adjustments yet.

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