Aegis Logistics reports 32% profit growth to ₹78 cr for Oct-Dec 2020
January 30, 2021: Aegis Logistics reported 28.73 percent fall in total revenues on consolidated basis at ₹1545.53 crore and 32.04 percent increase in profit after tax (PAT) for the October–December 2020 quarter.
In terms of verticals, the liquid terminal division actually saw a boost in revenues.
January 30, 2021: Aegis Logistics reported 28.73 percent fall in total revenues on consolidated basis at ₹1545.53 crore and 32.04 percent increase in profit after tax (PAT) for the October–December 2020 quarter.
In terms of verticals, the liquid terminal division actually saw a boost in revenues. However, the much larger gas terminal division saw a fall of nearly 30 percent in revenues on account of the global slowdown and also the local shutdown.
“The consolidated Profit after tax (PAT) was up 32.04 percent at ₹78.21cr on better operational performance as the sharp fall in purchase of stock-in-trade resulted in operating costs falling by nearly 30 percent. PAT margins also improved from 2.73 percent in Dec-19 to 5.06 percent in Dec-20,” reports Indiainfoline.
Financial highlights for Dec-20 compared yoy and sequentially
Aegis Logistics | |||||
Rs in Crore | Dec-20 | Dec-19 | YOY | Sep-20 | QOQ |
Total Income (Rs cr) | ₹ 1,545.53 | ₹ 2,168.63 | -28.73% | ₹ 650.36 | 137.64% |
Net Profit (Rs cr) | ₹ 78.21 | ₹ 59.23 | 32.04% | ₹ 64.19 | 21.84% |
Diluted EPS (Rs) | ₹ 2.03 | ₹ 1.42 | ₹ 1.62 | ||
Net Margins | 5.06% | 2.73% | 9.87% | ||
