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.