CONCOR Q2 PAT jumps 20% YoY to Rs 303 cr

11 Nov 2022 , 02:47 PM

Consoliated profit before tax stood at Rs 395.67 crore in quarter ended 30 September 2022, registering a growth of 18% from Rs 335.38 crore posted in Q2 FY22. Meanwhile, the companys board declared 2nd interim dividend of Rs 3 per equity share for financial year 2022-23. The record date for the same is 23 November 2022 and the dividend will be paid on or after 30 November 2022. The payment of dividend will be made within 30 days of its declaration. Container Corporation of India (CONCOR) operates 59 terminals across the country along with two strategic tie-ups. The companys primary operation is to provide inland transportation of containers from ports using rail wagons. The company also manages cold storage chains and warehouses. The GOI, through the Ministry of Railways, continues to hold a majority stake of 54.8% in the company at the end of September 2022. Shares of CONCOR slipped 4.39% to Rs 768.50 on the BSE. Powered by Capital Market – Live News