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Container Corporation Of India Ltd Q1FY24; 18% fall in Profits

Container Corporation Of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the Management of Ports, Air cargo complexes and establishes cold chains.

Financial Results:

Container Corporation Of India Ltd reported Revenues for Q1FY24 of ₹1,923.00 Crores down from ₹1,994.00 Crore year on year, a fall of 3.56%.

Total Expenses for Q1FY24 of ₹1,685.00 Crores up from ₹1,667.00 Crores year on year, a rise of 1.08%.

Consolidated Net Profit of ₹245.00 Crores down 17.51% from ₹297.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.03, down 17.42% from ₹4.88 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Logistics
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