Aegis Logistics - Volumes To Return To Normalcy In Q4 FY21: Motilal Oswal
Oil storage tanks. (Source: Company Website)

Aegis Logistics - Volumes To Return To Normalcy In Q4 FY21: Motilal Oswal

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Motilal Oswal Report

Aegis Logistics Ltd. reported in line Ebitda (at Rs 1.2 billion), driven by resilient performance in the liquids division, and revival in gas sourcing and the logistics business.

Commissioning of railway gantry at Pipavav in December 2020 combined with expected work on the port to make it compatible for VLGC (very large gas carriers) is expected to add incremental throughput (of approximately 0.5 million metric tonne per annum) over the next three to four quarters.

All necessary de-bottlenecking of the Uran Chakkan pipeline have been completed in Dec-20.

Click on the attachment to read the full report:

Motilal Oswal Aegis Logisitcs Q3FY21 Result Update.pdf

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