Aegis Logistics Q1 Profit Surges 4x to ₹484 Cr on Margin Expansion

Aegis Logistics announced a robust financial performance for the quarter ended June, with its consolidated net profit nearly quadrupling to ₹484 crore. This significant jump from ₹131 crore in the corresponding period last year underscores a strong operational quarter for the company.

The company also saw a substantial increase in its revenue from operations. Total revenue rose 37% year-on-year, reaching ₹2,357 crore compared to ₹1,719 crore in the previous year.

Key Q1 Financial Metrics

• Consolidated Net Profit: ₹484 crore (up from ₹131 crore)
• Revenue from Operations: ₹2,357 crore (up 37% from ₹1,719 crore)
• EBITDA: ₹715 crore (nearly tripled from ₹240 crore)
• EBITDA Margin: 30.3% (expanded sharply from 14%)
• Profit Before Tax: ₹719.3 crore

The impressive growth was primarily attributed to healthy revenue expansion and a notable improvement in operating profitability. Earnings before interest, tax, depreciation, and amortisation (EBITDA) nearly tripled, reflecting enhanced efficiency.

Segmental Performance Drives Growth

The Gas Terminal division emerged as the principal catalyst for this strong performance. Its segment profit more than quadrupled, reaching ₹575.3 crore for the quarter.

Meanwhile, the Liquid Terminal division also contributed positively, demonstrating steady growth. These unaudited financial results were reviewed by the audit committee and subsequently approved by the board of directors on August 6.

Market Reaction and Oversight

Following the earnings announcement on Thursday, August 6, Aegis Logistics shares initially saw a surge of up to 7%. However, the stock later pared most of these early gains, reflecting market dynamics post-results.

Statutory auditors have issued an unmodified limited review report on these financial statements, confirming the integrity of the reported figures.