Cement Logistics Company Secures Partnership with IPSCOM Pte Ltd, Enhancing Global Client Portfolio
The shares of the company have an ROE of 47 per cent and an ROCE of 28 per cent.
Kaushalya Logistics Ltd (NSE: KLL), a diversified conglomerate specializing in logistic support to cement players, announced its partnership with IPSCOM Private Ltd, a subsidiary of the multinational corporation IPSCOM Singapore Ltd, to provide comprehensive logistics and freight forwarding services. This strategic collaboration significantly expands Kaushalya Logistics' client portfolio, reinforcing its reputation as a leading provider of high-quality logistics solutions.
Partnering with IPSCOM Private Ltd underscores Kaushalya Logistics’ commitment to delivering reliable and efficient services that meet the complex demands of global enterprises. The partnership is a testament to Kaushalya Logistics’ robust operational capacity and its ability to attract and retain clients with diverse logistical needs. As the company continues to grow, it remains dedicated to upholding its core values of quality, efficiency, and innovation, demonstrating its strength in a competitive global market.
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Kaushalya Logistics Limited, formerly a construction company, transformed its business in 2010 to provide logistic support exclusively to the cement industry. Now a prominent player with a pan-India presence, it serves Dalmia Cement Bharat Limited across 70 locations and boasts a strong online marketplace presence. Beyond core logistics, the company has ventured into commercial real estate. With a robust financial performance, registering Rs 1,47,832.91 lakh in total revenue, Rs 1,951.73 lakh in EBITDA, and Rs 910.29 lakh in net profit for FY24, Kaushalya Logistics aims to expand its service offerings and geographical footprint, positioning itself as a comprehensive logistics and C&F solutions provider.
On Friday, shares of Kaushalya Logistics gained 15.35 per cent to an intraday high of Rs 154.75 per share from its previous closing of Rs 134.15. The stock made a new 52-week high is Rs 154.75 and its 52-week low is Rs 78. The shares of the company have an ROE of 47 per cent and an ROCE of 28 per cent. Investors should keep an eye on this cement logistics stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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