September 24, 2017 1:24 AM ET

Air Freight and Logistics

Company Overview of Concorde Air Logistics Ltd.

Company Overview

Concorde Air Logistics Limited engages in clearing and forwarding time sensitive air cargo packages in India. It is also involved in the clearance of export and import cargo; and handling of the consolidated shipments through its break-bulk license. The company was incorporated in 2004 and is based in Mumbai, India. Concorde Air Logistics Limited is a subsidiary of Blue Dart Express Limited.

17, Adarsh Industrial Estate

Sahar Road

Chakala

Andheri East

Mumbai,  400099

India

Founded in 2004

Key Executives for Concorde Air Logistics Ltd.

Managing Director of Blue Dart Express Limited and Director of Blue Dart Express Limited
Compensation as of Fiscal Year 2017.

Concorde Air Logistics Ltd. Key Developments

Concorde Air Logistics Ltd. Reports Audited Earnings Results for the Year Ended March 31, 2017

Concorde Air Logistics Ltd. reported audited earnings results for the year ended March 31, 2017. For the year, the company reported revenue from operations of INR 4,988.8 million against INR 5,365.0 million a year ago. Profit before tax was INR 1,107.0 million compared to INR 1,504.3 million a year ago. Profit for the year was INR 741.0 million compared to INR 1,019.1 million a year ago. Basic and diluted earnings per share were INR 67.36 compared to INR 92.65 a year ago. Net cash used in operating activities was INR 1,113.3 million compared to net cash generated from operating activities of INR 443.5 million a year ago. Payments for Property, Plant and Equipments & other Intangible assets was INR 0.382 million compared to INR 159.2 million a year ago.

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Recent Private Companies Transactions

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