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Allcargo Logistics shares surged over 15% after the company reported a 258% year-on-year jump in Q1FY27 profit before tax and its highest-ever quarterly revenue. The logistics firm also highlighted strong growth across its key businesses and expects business momentum to strengthen in the coming quarters.
Allcargo Logistics shares rally 15% after Q1 profit jumps 258% YoY to Rs 31 crore
Impact Score
Market Sentiment
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Allcargo Logistics shares surged over 15% after the company reported a 258% year-on-year jump in Q1FY27 profit before tax and its highest-ever quarterly revenue. The logistics firm also highlighted strong growth across its key businesses and expects business momentum to strengthen in the coming quarters.
Key Highlights
Allcargo Logistics shares surged over 15% after the company reported a 258% year-on-year jump in Q1FY27 profit before tax and its highest-ever quarterly revenue.
The logistics firm also highlighted strong growth across its key businesses and expects business momentum to strengthen in the coming quarters..
Source
Economic Times
Published
1h ago
Impact Score
75 / 100
Category
Corporate Earnings
Positive near-term momentum expected in Corporate Earnings as market digests this development.
What this means
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