Q3FY17 Results: Container Corporation Ltd.
Bhagyashree Vivarekar / 14 Feb 2017
On Monday, Container Corporation of India Ltd. reported its results for the quarter ended on December 31, 2016.The total sales for this quarter, Q3FY17, came in at Rs 1,330.41 crore. This represents a 3.45 per cent sequential decline and 5.24 per cent YoY decline.
On Monday, Container Corporation of India Ltd. reported its results for the quarter ended on December 31, 2016.
The total sales for this quarter, Q3FY17, came in at Rs 1,330.41 crore. This represents a 3.45 per cent sequential decline and 5.24 per cent YoY decline.
Its operating profit (EBIT) for the recently concluded quarter amounted to Rs 169.41 crore and the EBIT margin stood at 12.73 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs 185.9 crore, which represents a sequential QoQ increase of 17.78 per cent and a YoY decline of 9.58 per cent.
Container Corporation of India Ltd. (CONCOR) is a India-based company. The company is engaged in providing inland transport, rail for container, cover management of ports, air cargo complexes. CONCOR's core business has three distinct activities-carrier, a terminal operator and a warehouse operator.
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