Latest News | Container Corporation of India Reports Rs 301.25 Cr Net Profit for Q4

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.

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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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(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)