New Delhi, May 19 (PTI) State-owned Container Corporation of India Ltd (Concor) on Thursday reported a jump in consolidated net profit at Rs 252.51 crore for the fourth quarter ended March.

The company had clocked a net profit of Rs 18.51 crore in the year-ago period, the multi-modal logistics company said in a regulatory filing.

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The increase in net profit in the latest March quarter is 1,264 percent as compared to year-ago period.

Total income rose to Rs 2,128.56 crore during the quarter under review from Rs 2029.86 crore in the same period a year ago.

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Its expenses stood at Rs 1,796.28 crore in the quarter as compared to Rs 1,911.95 crore in the year-ago period.

For the full fiscal year 2021-22, the company's consolidated profit jumped 119.16 per cent to Rs 1,028.37 crore as against Rs 469.23 crore in 2020-21.

Besides providing inland transport by rail for containers, Concor is also into management of ports, air cargo complexes and establishing cold chains.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)