September, 09 2025 Tuesday 13:26 Hrs
  • SENSEX :   81,071.41

  • Commodity broking firm in India284.11( 0.35%) 09-Sep-2025
top-arrow-market
Sensex 81070.52 283.22  (0.35) 09-Sep-2025
Previous Day Close
80787.3
Today's High/Low
High Low
  •  
  •  
81162.07 80927.97

Hot Pursuit - Detailed News

Aegis Logistics to invest Rs 100 crore for capacity expansion at Mumbai port
08-Sep-25   15:20 Hrs IST

The firm has announced a proposed capacity addition of 61,000 KL at its Pirpau facility near the old Pirpau berth at Mumbai Port. The expansion, effective from 6 September 2025, involves an investment of Rs 99.88 crore, which will be financed through the company's internal accruals.

The company stated that the new capacity addition will help meet both current and future demand from existing and new customers while easing the load on its existing liquid storage facilities at Mumbai. Additionally, the expansion is expected to reinforce operational resilience and strengthen Aegis Logistics' competitive position in the market.

Aegis Logistics is in the business of import and distribution of Liquified Petroleum Gas (LPG) and storage and terminalling facility for LPG, Oil, Petroleum and chemical products and erection and construction of terminals and allied facilities.

The company's consolidated net profit declined marginally by 0.01% to Rs 131.32 crore in Q1 FY26, despite a 7.4% increase in revenue from operations to Rs 1,719.41 crore compared to Q1 FY25.

Shares of Aegis Logistics rose 0.13% to Rs 709.80 on the BSE.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.