Allcargo Logistics Limited — Board Meeting, 25-05-2025: Outcome of Board Meeting
25-05-2025 | 09:46 pm
25-05-2025 | 09:46 pm
Allcargo Logistics Limited has announced a board meeting outcome approving the consolidated financial results for the quarter and year ended March 31, 2025. The company posted total income of ₹16,090.89 Cr and a net profit of ₹49.18 Cr for the year. Exceptional gains came from stake sales and fair value adjustments. The board approved appointing M/s Parikh & Associates as Secretarial Auditor for five years, pending shareholder approval. Strategically, the company is advancing a composite scheme to demerge and merge subsidiaries, aimed at sharpening business focus and operational efficiency.
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