Allcargo Gati Limited — Others, 15-05-2025: Appointment

Allcargo Gati Limited has announced a board meeting on the approval of the financial results for the quarter and half-year. The Board approved audited standalone and consolidated results for the year ended March 31, 2025, with auditors giving a clean opinion. Standalone revenue stood at ₹138 lakh, while consolidated revenue was ₹1,50,994 lakh. Profit before tax from continuing operations was ₹1,645 lakh (standalone) and ₹388 lakh (consolidated). The company decided to discontinue its Fuel Stations business, reclassifying it as discontinued operations. The Board approved the re-appointment of Mr. Dinesh Kumar Lal as a Non-Executive Independent Director for five years, subject to shareholder approval. Income-tax authorities conducted a search at the company and key executives, with the company cooperating and no adjustments made so far. Progress continues on a merger scheme involving subsidiaries and the parent company, awaiting final approvals.