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Allcargo Logistics Q2FY2024 net profit drops 92%
11 Nov 2023 2:51 PM ISTRevenue from operations declined 35 percent to Rs 3,307 crore in Q2FY2024, board announces 3:1 bonus shares
Allcargo Group commits to achieving carbon neutrality by 2040
26 Oct 2023 7:16 PM ISTAllcargo Logistics Limited, ECU Worldwide and Gati Limited to partner with carriers that use greener fuels.
Allcargo Logistics appoints Sushil Kumar Rathi as Director - Supply Chain
26 Jun 2023 2:16 PM ISTSushil brings four decades of diversified experience in sales and distribution, marketing, channel management, supply chain management, procurement...
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
9 Jun 2023 4:26 PM ISTThe deal includes purchasing 1.3 lakh shares (26 percent) from KWE-Kintetsu World Express (S) and 20,000 shares (4 percent) from KWE Kintetsu Express...
Allcargo’s Transindia Real Estate to divest logistics parks to Blackstone
7 Jun 2023 8:30 PM ISTAs a result of these divestments, Transindia Real Estate, the recipient of the cash proceeds, will receive over ₹400 crore.
Gati, Schneider Electric partner for green express logistics solutions
29 May 2023 3:26 PM ISTGati starts deploying co-branded alternate fuel vehicles for pick-up and deliveries.
Allcargo consolidates position in contract logistics; buys out partner’s 39% stake
6 March 2023 6:36 PM ISTCompany board approves exit from non-core clearance business, selling entire stake held in the entity. Deal will set path ahead for synergies with...
ECU Worldwide appoints Jitesh Shetty as global head of ECU 360
10 Feb 2023 12:56 PM ISTIn this role, he will report to Vaishnav Shetty, chief digital officer of the Allcargo Group.
Allcargo expands in Germany through 75% stake acquisition in Fair Trade
12 Jan 2023 4:29 PM ISTFair Trade GmBH has been a major player in the consolidation segment in Germany, handling cargo movement across Europe-Asia, Europe-Latin America, and...
Allcargo Logistics' profit up 165%, revenue up 65% to ₹5,675 cr in Q1
11 Aug 2022 3:50 PM ISTIt reports a sustained revenue increase from the digital platform ECU360, which accounts for 60% of export bookings across markets.
Allcargo appoints Kapil Mahajan as chief information, technology officer
19 July 2022 1:28 PM ISTBefore joining Allcargo Logistics, he worked with Safexpress as Group CIO for over five years.
Allcargo revenue grows 91% to ₹20,000 cr; reports ₹1,516 cr EBITDA
27 May 2022 3:55 PM ISTProfit before tax stood at ₹1,186 crore, including ₹ 81 crore share of profit from associates and JVs.