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Revenue from operations fell 3.6% year on year to Rs 1,922.84 crore during the period under review.
Consolidated profit before tax stood at Rs 318.95 crore in the quarter ended 30 June 2023, registering a decline of 19.1% from Rs 394.48 crore posted in Q1 FY23.
Meanwhile, the company's board has declared an interim dividend for FY24 of Rs 2 per equity share. The record date for the same is 19 August 2023 and will be paid/ dispatched to the shareholders on or after 25 August 2023.
CONCOR operates 59 terminals across the country along with two strategic tie-ups. The company's primary operation is to provide inland transportation of containers from ports using rail wagons. The company also manages cold storage chains and warehouses.
The GOI, through the Ministry of Railways, continues to hold a majority stake of 54.8% in the company at the end of June 2023.
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