Container Corporation of India (Concor) reported a 9.88% increase in net profit to Rs 301.25 crore for the March 2024 quarter, driven by strong revenue growth.
New Delhi, May 16 (PTI) Container Corporation of India Ltd (Concor) on Thursday posted a 9.88 per cent 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.
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