Hot Pursuit     11-Apr-20
CONCOR total volumes decline about 4% in Q4
Container Corporation of India (CONCOR) informed that its total physical volumes handled fell 3.85% to 9,41,270 twenty foot equivalent units (TEUs) in Q4 March 2020 from 9,78,930 TEUs in Q4 March 2019.

The company's total handled physical volumes for the period ended on 31 March 2020 stood at 37,47,758 TEUs, down by 2.13% from 38,29,419 TEUs for the period ended on 31 March 2019.

While CONCOR's export and import trade (EXIM) volumes contracted by 5.03%, its domestic (DOM) volumes rose by 2.10% in Q4 March 2020 over Q4 March 2019.

In the period ended March 2020, the EXIM volumes stood at 31,54,596 TEUs (down 2.79% YoY) and its DOM volumes stood at 5,93,162 (up 1.54% YoY). The disclosure was made on Saturday (11 April 2020).

On a consolidated basis, the company's net profit fell 35% to Rs 180.89 crore on a 7.7% decline in net sales to Rs 1544.74 crore in Q3 December 2019 over Q3 December 2018.

CONCOR is engaged in transportation of containers (rail and road), and handling of containers. The firm is also engaged in the operation of logistics facilities, including dry ports, container freight stations and private freight terminals.

As of 31 December 2019, the Government of India holds 54.96% stake in the company.

Shares of CONCOR rose 11.86% to Rs 374.45 on Thursday (9 April 2020). The market was shut on Friday, 10 April 2020, for a public holiday.

Previous News
  Contianer Corporation of India
 ( Analyst Meet / AGM - Conference Call 18-May-24   09:16 )
  Container corporation of India
 ( Analyst Meet / AGM - Conference Call 20-May-23   21:58 )
  Container Corporation Of India fixes record date for 3rd interim dividend
 ( Market Beat - Reports 24-Jan-24   19:38 )
  Container Corporation Of India consolidated net profit rises 12.42% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   07:44 )
  Container Corporation of India
 ( Analyst Meet / AGM - Conference Call 31-Jul-21   09:04 )
  Container Corporation Of India schedules AGM
 ( Corporate News - 01-Sep-23   13:44 )
  Container Corporation Of India
 ( Results - Analysis 20-Jan-22   22:55 )
  Container Corporation Of India consolidated net profit rises 21.49% in the December 2021 quarter
 ( Results - Announcements 21-Jan-22   08:05 )
  Container Corporation Of India standalone net profit rises 20.44% in the December 2021 quarter
 ( Results - Announcements 21-Jan-22   08:06 )
  Container Corporation Of India receives credit ratings from ICRA
 ( Corporate News - 23-Jun-23   18:42 )
  Container Corporation Of India
 ( Results - Analysis 20-May-23   15:48 )
Other Stories
  GE T&D India hits after bagging supply contract from France-based Grid Solutions
  04-Jul-24   10:13
  Bajaj Finance new loans climb 10% YoY in Q1 FY25
  04-Jul-24   10:04
  Bandhan Bank deposits rise 22% YoY in Q1 FY25
  04-Jul-24   10:03
  Information Technology stocks edge higher
  04-Jul-24   10:00
  Utilties shares gain
  04-Jul-24   10:00
  Auto shares gain
  04-Jul-24   10:00
  Brigade Enterprises edges higher after signing JDA for Rs 1100-cr residential project in Bengaluru
  04-Jul-24   09:48
  Hindalco Industries Ltd Spikes 1.79%
  04-Jul-24   09:30
  Cochin Shipyard's director (finance), Jose V J gets tenure extension from Govt
  04-Jul-24   08:46
  RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
  03-Jul-24   15:38
Back Top