Volumes growing sequentially; stick to 7.5% guidance: Concor

Despite slowdown in freight volume growth of Indian Railways, Container Corporation of India (Concor) is satisfied with its volume growth. Speaking to CNBC-TV18, Director & CFO, P Alli Rani said volumes have declined year-on-year, but sequential improvement is visible. The company, which beat estimates with 14-percent drop in standalone net profit to Rs 178 crore, is sticking to its revised revenue and volume growth guidance. Concor reduced its FY17 revenue and volume guidance to 7.5 percent from 12.5 percent and 14.5 percent, respectively. Watch video for more..