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Transindia Real Estate Financial Figures Shows Stability

Transindia Real Estate Financial Figures Shows Stability

BY Realty Plus
Published - Monday, 05 Feb, 2024
Transindia Real Estate Financial Figures Shows Stability

Transindia Real Estate Limited has announced its financial results for the quarter ended December 31, 2023. The reported EBITDA of Rs 28.3 crores and H1FY24 debt stood at Rs 63 crores.

Jatin Chokshi, Managing Director, Transindia Real Estate Limited said, “We are delighted to share our financial figures for the quarter ending December 2023, demonstrating stability. Our progress aligns seamlessly with anticipated pace and industry growth standards. Positioned strategically, we are well- prepared to 0capitalize on emerging opportunities. We reinforce our commitment to collaborating with world-class infrastructure and logistics assets and delivering excellence with our pan India presence.”

Transindia Real Estate Limited is one of the key players in the real estate, warehousing, and commercial logistics space in India. The organization has a nationwide footprint of world-class facilities, and its business spans developing, maintaining, and leasing logistics assets to help businesses expand and simplify their global and domestic supply chains.

Formerly a division of Allcargo Logistics Limited, Transindia Real Estate Limited is now an independent entity and Allcargo Group company, with capabilities to create synergies for single-window, end-to-end logistics. Transindia Real Estate Limited listed on BSE Limited and The National Stock Exchange of India Limited.

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