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OOCL doubles 2021 revenue to $15.7 billion on higher freight rates

25 Jan 2022 8:00 AM GMT

Hong Kong-listed Orient Overseas Container Line (OOCL) more than doubled revenue (unaudited) to $15.7 billion for the year ended December 31, 2021...

Higher freight rates push Maersk Q4 profit to $8bn

14 Jan 2022 12:01 PM GMT

A.P. Møller-Mærsk (Maersk) has recognised preliminary unaudited financials for the fourth quarter ended December 31, 2021 ahead of the previous...

Sales rose 20.56 percent to %u20B9600.16 crore in the quarter ended March 2021 as against %u20B9497.83 crore during the previous quarter ended March 2020.

VRL Logistics reports 1636% YoY net profit growth in March 2021 quarter

15 Jun 2021 6:12 AM GMT

June 15, 2021: Net profit of VRL Logistics rose 1636.45 percent to ₹37.16 crore in the quarter ended March 2021 as against ₹2.14 crore during the...

The company reported a net profit of %u20B9654 million for Q4FY21 as against %u20B9472 million in Q4FY20.

APM Pipavav reports ₹2,181 mn net profit, ₹7,335 mn income for FY21

28 May 2021 7:18 AM GMT

May 28, 2021: APM Terminals Pipavav announced the financial results or the full year ended in March 2021 with a net profit of ₹2,181 million, total...

Revenues for the second quarter stood at %u20B91,827 million as against %u20B91,992 million, lower by 8%. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) fell to %u20B91,029 million as compared to %u20B91,267 million in Q2FY20.

APM Pipavav reports 23% profit decline to ₹520 million for Q2 FY21

13 Nov 2020 7:52 AM GMT

November 13, 2020: APM Terminals Pipavav reported 23 percent decline in net profit at ₹520 million for the second quarter ended September 30, 2020,...

The company saw a recovery in operations despite ongoing pandemic, driven by growth across all supply chain end-markets including farm, e-commerce, consumer and pharma verticals.

Mahindra Logistics posts ₹833 cr revenue, ₹40 cr EBITDA for Q2 FY21

31 Oct 2020 3:23 AM GMT

October 31, 2020: The 3PL solutions provider Mahindra Logistics (MLL) on Friday announced its consolidated financial results for the quarter and half...