Container Corp Q3 net profit down 10% to Rs 186 cr

Container Corporation of India (CONCOR) today reported a 9.56 per cent decline in net profit to Rs 185.99 crore for the quarter ended December 31, 2016.

February 13, 2017 / 21:04 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Container Corporation of India (CONCOR) today reported a 9.56 percent decline in net profit to Rs 185.99 crore for the quarter ended December 31, 2016.

The company had clocked a net profit of Rs 205.66 crore for the corresponding quarter in 2015-16, CONCOR said in a BSE filing.

Income from operations declined to Rs 1,330.41 crore during the period under review as againt Rs 1,404.37 crore in the same quarter a year-ago.

Total expenses of the company also rose to Rs 1,161.94 crore during the quarter under review as against Rs 1,213.21 crore in the quarter a year-ago.

Shares of the company closed at Rs 1305.05 apiece on the BSE, down 1.60 percent from the previous close.

first published: Feb 13, 2017 09:02 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347