Allcargo Logistics has achieved a total revenue from operations at Rs 1,483 crore for the quarter ended June 30, 2017, as compared to Rs 1,399 crore for the corresponding previous period, an increase of 6 per cent, mainly on account of volume growth in Multimodal Transport Operations (MTO) business - 86 per cent of revenues are from the global MTO business.

The gross profit for the quarter ended June 30, 2017 was Rs 426 crore, as against Rs 472 crore for the corresponding previous period, a decrease of 10 per cent, mainly on account of higher operating costs in P&E (mainly on account of continual slowdown in project logistics business), notional currency impact arising from consolidation of global MTO business, operating costs of managing Mundra CWC CFS (which was not part of Q1FY17 consolidated financials) and consolidation of relatively lower margin ICD at Kheda.

EBITDA for the quarter ended June 30, 2017 was Rs 103 crore as against Rs 133 crore during the corresponding previous period, a decrease of 23 per cent, mainly on account of reasons for decline in gross profit, a conscious decision to move away from lower ROCE business leading to strategic sale of low yielding assets in Q1FY18, increase in provision for doubtful debts in P&E business and lesser number of assets in operation, according to the company.