Aegis Logistics January-March Profit Jumps 44% Despite 7% Revenue Fall;

Aegis Logistics Ltd. reported a 44% on-year jump in consolidated net profit to ₹2.82 million in the March quarter, as a fall in expenses offset the impact of a 7% decline in revenue to ₹17.05 billion.

Total expenses, including finance costs, dropped nearly 13% to ₹13.89 billion, while purchase of stock-in-trade and tax outgo fell sharply. For 2024-25, net profit rose 17% on year to ₹6.63 billion despite a 4% drop in revenue to ₹67.64 billion, as annual expenses fell 6% to ₹59.83 billion.

The board declared a final dividend of ₹6/share for 2024-25 and an interim dividend of ₹2/share for 2025-26. It also approved the transfer of an 82,000-tonne Cryogenic LPG Terminal at New Mangalore Port from Sea Lord Containers to Aegis Vopak Terminals.