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Concor clocks net profit of Rs 352 crore in Q4 FY19

Mumbai (Maharashtra) [India], May 1 (ANI): State-owned Container Corporation of India (Concor) has reported profit after tax of Rs 352 crore in the fourth quarter of 2018-19 compared to Rs 292 crore in the same quarter of previous year.

ANI May 01, 2019 12:28 IST googleads

Concor is a navratna central public sector enterprise

Mumbai (Maharashtra) [India], May 1 (ANI): State-owned Container Corporation of India (Concor) has reported profit after tax of Rs 352 crore in the fourth quarter of 2018-19 compared to Rs 292 crore in the same quarter of previous year.
At the same time, the navratna central public sector enterprise clocked a turnover of Rs 1,834 crore against Rs 1,639 crore.
The board of directors declared a final dividend of Rs 8.55 or 171 per cent per equity share of face value of Rs 5 each, according to a statement issued after the board meeting late on Tuesday.
During the fiscal ended March 31, the multimodal logistics service provider posted profit after tax of Rs 1,215 crore on a turnover of Rs 6,882 crore.
In 2017-18, it had recorded revenue from operations of Rs 6,157 crore and a net profit of Rs 1,044 crore. (ANI)

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