Allcargo Q1 EBITDA Rises 15 Per Cent Year-on-Year

12 Aug 2025 CW Team

Allcargo Terminals Limited has reported its financial results for the quarter ended 30 June 2025, delivering steady revenue performance and improved operating profitability. Consolidated revenue for Q1 FY26 stood at Rs 1.87 billion, marginally lower by 1 per cent year-on-year, while EBITDA rose 15 per cent to Rs 350 million compared with Rs 300 million in the same quarter last year. Sequentially, EBITDA increased 3 per cent from Q4 FY25.

Profit After Tax (PAT) came in at Rs 90 million, down 5 per cent year-on-year, but marked a return to profitability from a loss in the previous quarter. The company attributed the improvement in operating performance to a consistent rise in EBITDA per TEU over the past eight quarters, driven by operational excellence and digital enablement.

Managing Director Suresh Kumar R highlighted that the company is progressing well on its three-year strategic roadmap, with capacity expansion underway at key terminals including Nhava Sheva and Mundra. Additionally, Allcargo has proposed raising Rs 382.8 million through fully convertible warrants to the promoter group, marking the start of its fundraising plans for expansion and greenfield projects, such as the ICD at Farukhnagar.

Building Material

08 Apr 2026

Jindal Aluminium Marks 56 Years of Industrial Leadership

Jindal Aluminium Limited has marked its 56th Inception Day, celebrating a legacy built on vision, resilience and manufacturing leadership. Founded in 1968 and incorporated in 1970 by Padma Bhushan Dr Sitaram Jindal, the company has grown into a major force in India’s downstream aluminium sector under the leadership of Pragun Jindal Khaitan.The company is India’s largest manufacturer of aluminium extruded products and the second-largest producer of aluminium flat-rolled products. With a turnover of around Rs 5,500 crore and a workforce of over 4,000, Jindal Aluminium continues to strengthen..

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..