Revenue from operations rose 2.4% YoY to Rs 2,154.47 crore in the quarter ended 31 March 2023.
Profit before tax stood at Rs 211.69 crore during the quarter, registering a growth of 68.4% on YoY basis.
During the quarter, total expenses declined marginally to Rs 2,006.43 crore from Rs 1,991.40 crore recorded in Q4 FY22. Employee benefits expenses stood at Rs 15.01 crore (down 23.88% YoY) while other expense was Rs 58.81 crore (up 50.48% YoY) and finance costs was at 25.35 crore (up 159.73% YoY).
On segmental front, revenue from gas terminal division rose marginally to Rs 2,038.17 crore while revenue from liquid terminal division jumped 61.64% YoY to Rs 116.30 crore during the period under review.
The company's board recommended final dividend of Rs 1.25 per equity share for the financial year ended 31 March 2023, subject to approval of members.
Aegis Logistics is an Indian oil, gas and chemical logistics company. The company has five distinct but related business segments, and operates a network of bulk liquid terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services.
The scrip slipped 3.74% to Rs 355.50 on the BSE.
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