Motilal Oswal: Aegis Logistics’ Liquids Division Supports In Q2, Gas Logistics Revive
Oil storage tanks. (Source: Company Website)

Motilal Oswal: Aegis Logistics’ Liquids Division Supports In Q2, Gas Logistics Revive

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Motilal Oswal Report

Aegis Logistics Ltd. reported a slight beat in Q2 Ebitda due to continued strong performance by the liquids division and revival in the gas logistics business.

Sourcing business remains the most affected, while the distribution segment is expected to take some more time to return to normalised levels (the company expects two more quarters for this).

Development of all projects is on track; however, guidance for volume boost is delayed further by a quarter to Q4 FY21.

Click on the attachment to read the full report:

Motilal Oswal Aegis Logistics Q2FY21 Result Update.pdf

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