Company Profile For A B G Infralogistics Ltd

A B G Infralogistics Ltd (ABG.BO) (Bombay Stock Exchange)

sector: Industrials · industry: Marine Port Services ·

As of 3:30pm IST

169.70INR

Price Change

+0.20

Percent Change

+0.12%

Analyst Recommendations

Overview

ABG Infralogistics Limited is an India-based company. The Company is engaged in providing crane services at various ports. The Company specializes in ports and terminals, port services, crane hiring and project services. The Company has five subsidiaries namely, ABG Kolkata Container Terminal Private Limited, ABG Kandla Container Terminal Limited, ABG Projects & Services Limited (U.K.), ABG Ports Private Limited and ABG Bulk Handling Private Limited. During the fiscal year ended March 31, 2009, the Company commenced commercial operations at Vishakhapatnam Port. In July 2009, the Company announced that it has transferred its bulk handling mobile harbour crane business on a slump sale basis to its subsidiary company, ABG Bulk Handling Pvt Ltd.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2008, ABG Infralogistics Ltd. revenues increased 48% to RS1.08B. Net income decreased 20% to RS80.5M. Revenues reflect an increase in income from operations and higher other income. Net income was offset by increased employee cost, higher depreciation expense, presence of foreign exchange loss, increased royalty expense, increased other expenditure. The Company's principal activity is to provide crane services.