Container Corporation of India reports Rs 301.25 crore net profit for Q4

Container Corporation of India Ltd (Concor) on Thursday posted a 9.88 % increase in consolidated net profit to Rs 301.25 crore for the March 2024 quarter.

The company had reported a consolidated net profit of Rs 274.14 crore a year ago, Concor said in a regulatory filing.

During the quarter under review, consolidated revenue from operations was Rs 2,417.87 crore against Rs 2,281.75 in the year-ago period.

Concor said its Board has declared a final dividend of Rs 2.50 (50 per cent) per equity share of face value of Rs 5 each for the year 2023-24, subject to approval of the shareholders in the ensuing annual general meeting.