Earnings | Container Corporation of India (NSE: CONCOR): Q4FY23 Results Out; Total Income rises 4% YoY.

Container Corporation of India is a company that specializes in inland transportation of containers by rail. In addition to its core business, CONCOR is involved in managing ports, air cargo complexes, and establishing cold chains. With a focus on efficient and reliable transportation, CONCOR plays a vital role in facilitating trade and commerce across the country. By leveraging rail infrastructure, CONCOR ensures the timely and secure movement of containers, contributing to reduced logistics costs and improved supply chain management. Its expertise in managing ports and air cargo complexes further enhances its capabilities in providing comprehensive logistics solutions to its customers.

• Container Corporation of India reported Total Income for Q4 FY23 of ₹2,278 Crore up from ₹2,179 Crore year on year, a growth of 4%.
• Total Expenses for Q4 FY23 of ₹1,907 Crore up from ₹1,795 Crore year on year, a growth of 6%.
• Consolidated Net Profit of ₹ 274 Crore, up 9% from ₹252 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹4.59, up 8% from ₹4.24 in the same quarter of the previous year.