Aegis Logistics Limited delivered a strong set of financial results for the third quarter, showcasing healthy profit growth and improved operating performance despite modest revenue expansion.
Aegis Logistics reported a sharp 42.2% year-on-year rise in consolidated net profit for Q3, with profit after tax coming in at ₹176.8 crore compared to ₹124.3 crore in the corresponding quarter last year. The robust profit growth was primarily driven by improved operating efficiencies and a significant expansion in margins.
Revenue for the quarter stood at ₹1,725.4 crore, marking a marginal increase of 1.1% from ₹1,707 crore recorded in the same period last year. While topline growth remained subdued, the company’s operating performance showed notable improvement.
EBITDA for the quarter jumped 27.6% year-on-year to ₹297 crore, up from ₹233 crore in Q3 of the previous fiscal. The strong growth in operating profit led to a sharp improvement in EBITDA margin, which expanded to 17.2% compared with 13.6% a year ago.
