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ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and the global leader in LCL consolidation, has appointed Stephen Dunn as Global Finance Director. In this crucial role, Steve, as he prefers to be called, will oversee the global finance function and will lead the transformation of the financial processes, positioning company for next phase of the business growth. He will be based out of ECU Worldwide’s office in Dubai. Steve brings over 20 years of leadership e...
Allcargo`s ECU Worldwide appoints Stephen Dunn as Global Finance Director
Allcargo Logistics is currently trading at Rs. 63.85, up by 0.03 points or 0.05% from its previous closing of Rs. 63.82 on the BSE. The scrip opened at Rs. 63.81 and has touched a high and low of Rs. 64.14 and Rs. 62.36 respectively. So far 161944 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 97.70 on 02-Jan-2024 and a 52 week low of Rs. 58.63 on 14-Aug-2024. Last one week high and low of the scrip stood at Rs...
Allcargo Logistics inches up as its arm acquires additional 25% stake in ECU Worldwide
Below the Quote on Budget 2024 by Ms. Indrani Chatterjee, Group Chief Human Resources Officer (Group CHRO) at Allcargo Group "The budget underlines the government’s intent to strengthen one of the key pillars of Viksit Bharat, the human capital through employment, education and skilling. Allocation of Rs 1.48 lakh crore for education and employment and skill paves the way for optimising the human capital and leveraging demographic dividend. The introduction of wage sub...
Quote on Budget 2024 by Ms. Indrani Chatterjee, Group Chief Human Resources Officer (Group CHRO) at Allcargo Group
Alternative credit platform BlackSoil NBFC, an arm of BlackSoil Group, on Friday, said that it raised Rs 208 crore debt in the first half of the year. Sixty per cent of this funding came from new debt investors, said the company. BlackSoil's total debt raise reached over Rs 1,570 crore (as of June 30). "This substantial debt raise, particularly the 60 per cent from new investors, validates our business model and emphasises the trust we have built in the alternative credit sp...
BlackSoil NBFC raises over Rs 200 crore debt in 1st half of 2024
ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and a leader in LCL consolidation, has appointed Rajneesh Garg as Chief Information Officer. In this role, Rajneesh will provide strategic leadership in critical areas of technology, with a particular focus on software applications management and support. He will spearhead and oversee the technology transformation initiatives in ECU Worldwide and drive their implementation, rollout and adoption, working closely with the I...
Allcargo`s ECU Worldwide appoints Rajneesh Garg as the Chief Information Officer
Allcargo Logistics Limited has announced its financial results for the quarter ended March 31, 2024. Key highlights: * International Supply Chain business is witnessing green shoots of growth expected in second half of 2024. Freight rates have started increasing despite an additional supply of 1 million TEUs in container shipping capacity in 2024. * ECU Worldwide had a flat quarter compared to the previous quarter and we expect momentum to start building from April leading to t...
Allcargo Logistics announces Q4FY24 results; Reports 99 Cr EBITDA
Allcargo Terminals Ltd has announced its financial results for the quarter ended March 31 st , 2024. Further details are as per the below table. Summary of Consolidated Financial Results Q4FY24 compared to Q4FY23 Key highlights: Suresh Kumar R, Managing Director, Allcargo Terminals Limited said, “FY24 was marked by geopolitical events which disrupted the global container trade. Despite this, Allcargo Terminals registered a volume growth of 8 percent over the previous yea...
Allcargo Terminals Q4FY24 Earnings- CFS Volumes Surge 8% Year-on-Year
Allcargo Logistics Limited has announced its financial results for the quarter ended December 31, 2023. Key highlights: * The company expects the global trade to revive in second half of 2024. In the near term, Red Sea crisis has taken out some capacity from market leading to balance against subdued demand, which should have marginal positive impact in April to June quarter. * The company has undertaken major cost reduction initiatives that will help significantly reduce the SG&A...
Allcargo Logistics announces Q3FY24 results; Consolidated revenue - 3,212 Cr, Consolidated EBITDA - 111 Cr
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