CSS News     17-Apr-19
CTO throughput up 6% in Q4FY19

Indian Railways (IR) have reported a revenue earning freight traffic of 327.30 million tones (MT) for the quarter ended March 2019, which translates into a growth of 4.6% compared to corresponding previous period. And the revenue earning freight traffic of IR was by 5.3% for the year ended March 2019 to 1223.34 MT.

As Indian Railways being the monopoly of rail operations in the country, the overall originating container traffic figures of IR represent the overall volume of Indian Container train operator. Thus for the quarter ended March 2019, the total volume of container train operators (CTOs)as reflected by the originating container traffic of IR stood higher by 6% to 15.30 MT. But the growth moderated from 15.9% registered in Q2FY19 and 7.2% registered in Q3FY19.

Mid single digit growth in IR's container volume for the quarter was largely due to growth in both EXIM and domestic container volumes. The domestic container volume was up by 5.5%yoy (to 3.08 MT). That of EXIM container volume was up by 5.7%yoy to 12.17 MT.

The container net tonne kilometre (NTKM), a measure of combined increase in goods loading and distance moved by IR for the quarter was up by 3.7%yoy to 13537 million KMs hit by lower lead distance. The average lead distance for the quarter was down by 2.1% to 886 KMs for the quarter thus moderating the growth in NTKM despite mid single digit growth in container volume for the period.

Previous News
  Container Corporation Of India fixes record date for interim dividend
 ( Market Beat - Reports 08-Jul-24   16:21 )
  Container Corporation Of India
 ( Results - Analysis 06-Aug-22   12:24 )
  Container Corporation of India signs MoU with Shipping Corporation of India
 ( Corporate News - 04-Jun-24   18:56 )
  Concor throughput rises to 12.30 Lakh TEUs in Q2 FY24
 ( Hot Pursuit - 10-Oct-23   09:56 )
  Board of Container Corporation Of India recommends Final Dividend
 ( Corporate News - 19-May-23   12:51 )
  ICRA reaffirms credit ratings of CONCOR
 ( Hot Pursuit - 10-Sep-22   10:46 )
  Container Corporation Of India receives affirmation in credit ratings
 ( Corporate News - 10-Sep-22   11:43 )
  CONCOR gains on inking MoU with Shipping Corp
 ( Hot Pursuit - 05-Jun-24   12:21 )
  Container Corporation Of India consolidated net profit rises 904.52% in the March 2022 quarter
 ( Results - Announcements 20-May-22   08:09 )
  Container Corporation Of India
 ( Results - Analysis 14-Nov-22   13:08 )
  Container Corporation of India
 ( Analyst Meet / AGM - Conference Call 06-Aug-22   14:50 )
Other Stories
  Indian Rupee: Seen under pressure amid surging oil prices
  04-Oct-24   09:14
  Indian Rupee: Negative global sentiments seen weighing
  03-Oct-24   09:49
  Indian Rupee: Seen under pressure amid mixed global cues
  30-Sep-24   09:35
  Indian Rupee: Seen recovering some lost ground
  27-Sep-24   09:43
  Indian Rupee: Uptick in dollar likely to weigh
  26-Sep-24   09:24
  Indian Rupee: Rebounds as dollar index declines below 100 mark
  25-Sep-24   09:47
  Indian Rupee: Snaps six-day winning streak
  24-Sep-24   09:00
  Indian Rupee: Likely to retain levels around 2-month high
  23-Sep-24   08:59
  Indian Rupee: Likely to extend gains near 2-month highs
  20-Sep-24   08:40
  Indian Rupee: Climbs to over a month high as Fed cuts interest rate
  19-Sep-24   09:39
Back Top