Ashapura Logistics Limited — Results, 21-07-2025: Reply to Clarification- Financial results

Ashapura Logistics (ASHALOG) has announced that its Board of Directors met on May 29, 2025, and approved the audited financial results for the year ended March 31, 2025. Auditors have issued an unmodified opinion on both standalone and consolidated results.

On a consolidated basis, Revenue from Operations grew to ₹230.97 Cr in FY25 from ₹199.01 Cr in FY24. Net Profit for the period remained largely stable at ₹12.36 Cr (FY25) vs ₹12.35 Cr (FY24). Basic EPS, however, decreased to ₹10.06 from ₹12.90. The Debt-Equity Ratio improved to 0.48 (FY25) from 0.63 (FY24), indicating lower leverage. Interest Service Coverage stood at 6.72.

Standalone results show Revenue at ₹106.13 Cr (FY25) compared to ₹145.09 Cr (FY24), and Net Profit at ₹5.73 Cr (FY25) vs ₹7.05 Cr (FY24). Basic EPS was ₹5.16 (FY25) against ₹7.36 (FY24). Debt-Equity improved to 0.55 (FY25) from 0.76 (FY24), with Interest Service Coverage at 6.16.

The company has largely utilized IPO proceeds for capital expenditure (vehicles & equipment), working capital, and general corporate purposes. Of the ₹16.40 Cr allocated for warehouse construction, ₹8.79 Cr has been utilized, with ₹7.61 Cr remaining unutilized, held in bank deposits. Earlier queries from the Exchange regarding result submission format have been resolved.