Arshiya International has announced its first quarter numbers. Its standalone income stood at Rs 76 crore versus Rs 39.94 crore. Net profit increased at Rs 6.26 crore versus Rs 1.4 crore.

Key takeaways from Arshiya International concall

Planned capex of Rs 1600 crore - Over Rs 1000 crore for cost of wagons (buying 224 containers), some for infrastructure for storage capacity

Rs 25 crore already given to Titagarh Wagons as advance payment, Rs 40 crore spent for land acquisition

Planning raising of money private equity and debt

Debt of Rs 450 crore and likely to maintain 2.5:1

Standalone income of Rs 76 crore vs Rs 39.94 crore
Net profit at Rs 6.26 crore vs Rs 1.4 crore
PBDIT Rs 9.53 crore vs Rs 2.46 crore

Consolidated income of Rs 144.52 crore vs Rs 78.86 crore
Net profit of Rs 19.60 crore

Growth of 90% in term of revenues on standalone basis and 83.23% on consolidated basis.

For further details, listen to concall ......