Allcargo Gati Reports Improved Financial Metrics and Liquidity for December Quarter

Allcargo Gati has reported its financial results for the quarter ending December 2024, showcasing a notable shift in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score rising to 26 from 10 over the past three months.
Key highlights from the financial results indicate that Allcargo Gati's operating profit to interest ratio has reached a peak of 4.06 times, reflecting an enhanced capacity to manage interest obligations. The profit after tax (PAT) has also shown a remarkable turnaround, standing at Rs 1.66 crore, which marks a substantial growth compared to the average PAT of the previous four quarters. Additionally, net sales have hit a high of Rs 440.55 crore, indicating a positive trend in revenue generation.

On the liquidity front, cash and cash equivalents have reached Rs 186.49 crore, suggesting an improvement in short-term liquidity. Furthermore, the debt-equity ratio has been recorded at its lowest level of 0.30 times, indicating a reduction in borrowing relative to equity capital.

However, it is worth noting that the company's non-operating income constitutes a significant portion of its profit before tax, raising concerns about the sustainability of its business model.

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