Allcargo Terminals reported a robust 9% year-on-year volume growth and 13% sequential EBITDA growth in Q1 FY24, driven by strong operational performance and cost management.
Allcargo Terminals has announced an impressive financial performance for the quarter ended June 30, 2024. The company reported strong 9% year-on-year and 4% quarter-on-quarter volume growth. Leveraging this growth and operational efficiencies, Allcargo Terminals achieved a commendable 13% sequential increase in EBITDA.
Summary of Consolidated Financial Results Q1FY25 compared to Q1FY24
(₹ in Crs)
| Particulars (in ₹Crs) | Q1FY25 | Q1FY24 | Y-o-Y | Q4FY24 | Q-o-Q |
| Revenue | 190 | 181 | 5% | 182 | 4% |
| EBITDA | 30 | 29 | 4% | 27 | 13% |
| Profit After Tax (PAT)* | 9.5 | 9.0 | 6% | 9.2 | 4% |
Suresh Kumar R., Managing Director of Allcargo Terminals, expressed satisfaction with the company’s performance. He attributed the strong results to strategic positioning across key ports, effective sales initiatives, and robust client relationships. The company’s focus on operational efficiency and cost management has also significantly contributed to its improved profitability.
Looking ahead, Allcargo Terminals is committed to sustaining its growth trajectory through capacity expansion initiatives. The company remains focused on delivering long-term value to its shareholders.
