Aegis Logistics Limited reported a 4.4% year-on-year (YoY) increase in net profit for the third quarter of FY25, reaching ₹159.52 crore compared to ₹152.22 crore in Q3 FY24. However, the company witnessed a decline in revenue, with total income falling 8.9% YoY to ₹1,766.95 crore from ₹1,918.00 crore in the same quarter last year.
Key Financial Highlights (Q3 FY25 vs Q3 FY24):
- Revenue from Operations: ₹1,706.99 crore, down 8.9% from ₹1,873.36 crore YoY.
- Total Income: ₹1,766.95 crore, down 8.9% from ₹1,918.00 crore YoY.
- Profit Before Tax (PBT): ₹204.10 crore, up 6.5% from ₹191.78 crore YoY.
- Net Profit: ₹159.52 crore, up 4.4% from ₹152.22 crore YoY.
- Total Expenses: ₹1,562.85 crore, down from ₹1,726.22 crore YoY.
Segment Performance and Outlook:
Despite the revenue dip, cost optimization and efficiency measures helped the company maintain profitability. The reduction in expenses played a crucial role in boosting net profit, even though demand for logistics and oil storage services remained volatile in the quarter.
For the nine months ended December 2024, Aegis Logistics’ net profit surged 8.4% YoY to ₹469.60 crore, supported by strategic expansions and increased demand for gas logistics.
The company remains focused on expanding its infrastructure, improving supply chain efficiencies, and leveraging its LPG and chemical storage segments to drive future growth.