The company said that there has been a sustained increase in revenues coming through digital platform ECU360, which now accounts for over 60% of export bookings across all key markets.

The company reported net profit at Rs. 280 crore for the quarter.

Allcargo Logistics reported consolidated revenue of Rs. 5,675 crore for the quarter and EBITDA stood at Rs 434 crore for the first quarter ended June 30th, 2022.

The company reported net profit at Rs. 280 crore for the quarter.

The continued positive momentum in growth over last year has been an outcome of strategic and transformational initiatives undertaken by the company. 

The company said that there has been a sustained increase in revenues coming through digital platform ECU360, which now accounts for over 60% of export bookings across all key markets. Express and CFS business have also continued to gain significant traction in digitisation of customer touch points.

Commenting on the business performance, Shashi Kiran Shetty, Chairman, Allcargo Logistics, ECU Worldwide and Gati Ltd. said, “The company achieved quarter on quarter volume growth in international supply chain business and we doubled our consolidated EBITDA over last year for Q1."