Allcargo Logistics net profit surges 53 per cent

MUMBAI: Allcargo Logistics Monday said its net profit for the April-June quarter rose 53 per cent to Rs 75.1 crore from Rs 49 crore in the previous year.

Total revenue from operations came in at Rs 1,477.9 crore, as against Rs 1,320.9 crore for the corresponding previous period, an increase of 12 per cent. 83 per cent of the revenue is from its global multimodal transport operations.

As on June 30, 2015, its net worth stood at Rs 2,016 crore and the net debt was at Rs 320 crore. The net debt to equity ratio of the company was 0.16.