Allcargo’s consolidated net profit falls 68% in Oct-Dec quarter

February 12, 2020: Allcargo Logistics today published the financial results for the quarter ended on December 31, 2020 with net profit declining 68.03 percent to ₹14.04 crore in as against ₹43.92 crore during the previous quarter ended December 2019.

“Sales rose 53.05 percent to ₹ 2734.68 crore in the quarter ended December 2020 as against ₹1786.83 crore during the previous quarter ended December 2019,” reports Business Standard.

Allcargo Logistics recently announced the appointment of Suresh Kumar R as the new chief executive officer (CEO) - India and key managerial personnel (KMP) of the company with effect from January 15, 2021.