Aegis Logistics Q2 Profit Surges 36% to Rs 127 cr
Nov 03, 2023 14:12
Aegis Logistics reported a 36% rise in Q2 net profit to Rs 127 crore, driven by lower expenses, despite a decline in revenue. Read more.
New Delhi, Nov 3 (PTI) Aegis Logistics Ltd on Friday reported 35.9 per cent rise in consolidated net profit at Rs 126.98 crore for the quarter ended September 30, 2023 on the back of lower expenses.
The company had posted a net profit of Rs 93.39 crore for the year-ago period, Aegis Logistics said in a filing to BSE.
However, income dropped to Rs 1,279.27 crore from Rs 2,168.51 crore.
Total expenses too fell to Rs 1,087.25 crore from Rs 2,040.66 crore in the year-ago period.
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