iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

CONCOR awards order worth ₹689.76 Crore to Braithwaite & Co.

19 Feb 2025 , 01:33 PM

Container Corporation of India a (CONCOR) announced that it has awarded a ₹689.76 Crore order to Braithwaite & Co Limited. The contract includes manufacturing and supply of 30 BLSS rakes on a turnkey basis. The order is slated to be completed by August 11, 2026.
Braithwaite & Co is a public sector enterprise under the Ministry of Railways. It is handed over the responsibility of said project.
CONCOR stated that the transaction does not fall under related party transaction regulations of SEBI, as it is between two public sector enterprises.
In Q3FY25, the company reported a 10.90% year-on-year jump in its net profit at ₹366.70 Crore. In the previous corresponding period, the company reported a net profit of ₹330.70 Crore.
Despite recording growth in net profit, CONCOR witnessed flat revenue. It logged a decline of 0.1% ro ₹2,208.30 Crore in Q3FY25 as compared to ₹2,210.60 Crore in the previous corresponding quarter.
The company’s EBITDA declined 10.1% on a year-on-year basis, standing at ₹465 Crore compared to ₹517.50 Crore in the previous corresponding period. EBITDA margin slipped to 21.10% in Q3 against 23.40%.
For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Concor management
  • Concor news
  • Container Corporation of India
  • Container Corporation of India Limited
sidebar mobile

BLOGS AND PERSONAL FINANCE

Images
25 Mar 2025|11:50 AM
Images
24 Mar 2025|02:39 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.