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Stock Summaries for Zinka Logistics Solutions Limited

Zinka Logistics Solutions Limited (BLACKBUCK)

Financial Update Summary

Key Highlights

  • Revenue from operations: ₹4,267.28 crore
  • Net loss: ₹1,939.49 crore
  • Total assets: ₹14,328.07 crore
  • Total liabilities: ₹3,430.28 crore
  • Cash and cash equivalents: ₹1,044.93 crore

Key Business Points

  • Completed an IPO of 40,834,377 equity shares
  • Recognized a share-based payment expense of ₹3,901.81 million
  • Transferred its corporate freight business for ₹958.54 million
  • Amended CCPS agreements, waiving liquidated damages of ₹222.54 million

What This Means for You

  • The company's net loss and lower cash reserves raise concerns about its financial health.
  • The increase in total liabilities and decline in profitability may impact investor confidence.