CONCOR Q4 FY 2017 Net Profit up 9.63% at Rs 335 cr

Posted by Daily Shipping Times on 30-05-2017        Tweet

NEW DELHI: Container Corporation of India (CONCOR) has posted a 9.63 per cent jump in standalone net profit at Rs 335.71 crore for the fourth quarter ended March 31, 2017. The company had posted a net profit of Rs 306.21 crore in the year-ago quarter, CONCOR said in a BSE filing.

However, its total income decreased to Rs 1,617.15 crore during the quarter under review from Rs 1,663.55 crore in the corresponding quarter of 2015-16.

The firm's total expenses were at Rs 1,153.84 crore in the January-March quarter, down 5 per cent, from Rs 1,218.06 crore in the year-ago period.