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.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..