Concor Q1 consolidated net profit rises sharply to Rs 251 crore; total income at Rs 1,876.79 cr

Concor Q1 consolidated net profit rises sharply to Rs 251 crore; total income at Rs 1,876.79 cr

PTIUpdated: Friday, July 30, 2021, 12:44 AM IST
article-image
Besides providing inland transport by rail for containers, Concor is also into the management of ports, air cargo complexes and establishing cold chains. |

State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30.

The company had clocked a net profit of Rs 49.29 crore in the year-ago period, the multi-modal logistics company said in a regulatory filing.

The total income during the April-June FY22 increased to Rs 1,876.79 crore, from Rs 1,251.50 crore a year ago.

Its expenses stood at Rs 1,536 crore as compared to Rs 1,179.71 crore earlier.

Besides providing inland transport by rail for containers, Concor is also into the management of ports, air cargo complexes and establishing cold chains.

RECENT STORIES

Avantel Q3 FY26 Net Profit Rises 28% YoY To ₹32.9 Cr, Revenue Grows 25% To ₹441 Crore
Avantel Q3 FY26 Net Profit Rises 28% YoY To ₹32.9 Cr, Revenue Grows 25% To ₹441 Crore
Pakistan Faces Deep Investment Crisis, High Costs & Policy Uncertainty Drive Investors Away
Pakistan Faces Deep Investment Crisis, High Costs & Policy Uncertainty Drive Investors Away
RBI Could Cut Interest Rates Further If India–US Trade Deal Is Delayed, Says Goldman Sachs
RBI Could Cut Interest Rates Further If India–US Trade Deal Is Delayed, Says Goldman Sachs
Rupee Falls To 92 Against Dollar, Imports & Foreign Spending Get Costlier While Exporters See Relief
Rupee Falls To 92 Against Dollar, Imports & Foreign Spending Get Costlier While Exporters See Relief
DCCDL Q3 Rental Income Jumps 18% To Rs 1,412 Crore, Strong Demand Boosts Office & Retail Assets
DCCDL Q3 Rental Income Jumps 18% To Rs 1,412 Crore, Strong Demand Boosts Office & Retail Assets