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

Sensex Surges 513 Points To Close Above 85,000, Nifty Climbs 143 Points As IT Heavyweights Fuel...

Sensex Surges 513 Points To Close Above 85,000, Nifty Climbs 143 Points As IT Heavyweights Fuel...

PM-Kisan 21st Installment Released To Farmers Nationwide, Here’s What To Do If ₹2,000 Has Not...

PM-Kisan 21st Installment Released To Farmers Nationwide, Here’s What To Do If ₹2,000 Has Not...

RBI Likely To Lower Repo Rate To 5.25% And Shift To Data-Dependent Approach As Inflation Stabilises,...

RBI Likely To Lower Repo Rate To 5.25% And Shift To Data-Dependent Approach As Inflation Stabilises,...

FPJ Hosts First Audit Committee Round Table, Experts Call For Stronger Governance & Risk Oversight

FPJ Hosts First Audit Committee Round Table, Experts Call For Stronger Governance & Risk Oversight

Oil India Ropes In French Energy Giant TotalEnergies To Provide Technical Assistance In Finding Oil...

Oil India Ropes In French Energy Giant TotalEnergies To Provide Technical Assistance In Finding Oil...