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Domestic road logistics industry revenues likely to grow up to 9 pc in...

The organised road logistics sector had witnessed a growth 4.6 per cent in the 2023-24 fiscal year, the ratings agency said in a report.

Total income of the company surged by 28 per cent to Rs 149.51 crore in the March quarter of 2023-24 compared to Rs 116.35 crore in the year-ago...

Revenue for the quarter was Rs 1,962 cr as against Rs 1,663 cr in the same quarter previous year.

It emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms.

The Indian business contributed 79 per cent of its revenue, according to reports.

Its revenue grew 24.6 per cent to Rs 310.46 crore in January-March of the financial year 2023-24 (FY24) from Rs 249.24 crore a year ago.

The consolidated profit after tax declined to Rs 3 crore from Rs 30 crore in the same period of the last financial year.

Google’s online advertising network, which includes ad manager, brought in 12% of the company’s revenue in 2021