Allcargo Logistics posts revenue growth of over ₹ 20,000 cr in 2021-22

Allcargo Logistics Ltd reported consolidated revenue of ₹ 20,072 crore for the year and EBITDA stood at ₹ 1,516 crore. The company profit before tax stood at ₹ 1,186 crores, including ₹ 81 crore share of profit from associates and JVs. The Board of Directors approved the audited financial results for the financial year ended March 31, 2022 at a meeting held recently. Shashi Kiran Shetty, Chairman, Allcargo Logistics, ECU Worldwide and Gati Limited in a statement, said, “The company’s performance is an outcome of sustained strategic initiatives over last few years. Our sharp focus on technology has benefitted us in many ways, be it using data science and automation to drive optimization, or digital platforms to serve customers better.”