Motilal Oswal's research report on Allcargo Logistics
AGLL reported below estimate EBITDA at INR 1.3b (vs est. of INR 1.4b; -5% YoY). While reported EBIT stood at INR 861m (-2% YoY) and PAT at INR 624m (-7% YoY) was impacted by higher tax rate at 29% (v/s 20% in FY16). Allcargo adjusted goodwill against net worth to the extent of INR 6.2 (of the total INR 9b as on March 2016) under IndAS provisions.For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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