Aegis Logistics reached a 52-week high after reporting a significant increase in June quarter profit, chiefly driven by its gas terminal division, sparking renewed investor interest amid broader performance improvements.
Aegis Logistics climbed to a fresh 52-week high on Thursday after the company reported a sharp rise in June quarter profit, prompting renewed investor interest in the stock. The shares touched Rs 1,497.80 before giving back most of those gains later in the session, according to EquityPandit, which said the stock was trading at Rs 1,396.60 on the NSE by 2:15 p.m., little changed on the day.
The company’s latest results showed a strong improvement in profitability. Net profit rose to Rs 484 crore from Rs 131 crore a year earlier, while revenue increased 37% to Rs 2,357 crore from Rs 1,719 crore. EBITDA, a closely watched measure of operating earnings, nearly tripled to Rs 715 crore from Rs 240 crore, and the operating margin widened to 30.3% from 14%, pointing to a much more efficient quarter.
Most of the growth came from Aegis’s gas terminal business, which saw revenue rise to Rs 2,178.6 crore from Rs 1,575.5 crore and profit more than quadruple to Rs 575.3 crore from Rs 132.1 crore. The liquid terminal arm also posted steady gains, with revenue up to Rs 178.3 crore from Rs 143.9 crore and profit advancing to Rs 109.7 crore from Rs 80.4 crore. Earnings per share improved to Rs 13.80 from Rs 3.74.
The board approved the quarterly numbers along with an unmodified review report from the statutory auditors, EquityPandit said. Separately, the company is due to hold its 69th annual general meeting on Friday, where shareholders will vote on a final dividend of Rs 6.70 per share for the last financial year. The June quarter strength builds on a broader run of improved performance, with LiveMint reporting that Aegis Logistics recorded Rs 898.15 crore in net income for the fiscal year ending March 2026, up 35% from a year earlier, while Business Standard and Moneycontrol both showed the company had delivered more mixed quarterly results in earlier periods.
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