Conainer Corporation of India rallied 4.38% to Rs 760.40 after the company's total throughputs jumped 11.64% to 12,84,794 TEUs (Twenty Foot Equivalent Units) in Q3 FY25 as compared with 11,50,808 TEUs posted in corresponding quarter last year.
On sequential basis, total throughputs increased 7.83% from 37,47,447 TEUs in Q3 FY25.Domestic (DOM) throughput stood at 3,09,551 TEUs in Q3 FY25, registering the growth of 24.71% as compared with 2,48,226 TEUs posted in same period a year ago.
The export-import (EXIM) throughput grew by 8.05% year on year to 9,75,243 TEUs in the quarter ended 31 December 2024.
CONCOR operates 59 terminals across the country along with two strategic tie-ups. The company's primary operation is to provide inland transportation of containers from ports using rail wagons. The company also manages cold storage chains and warehouses.
The companys consolidated net profit fell marginally 0.5% to Rs 365.40 in Q2 FY25 as compared with Rs 367.36 crore in Q3 FY24. Net sales increased 4.2% YoY to Rs 2,287.75 crore in Q3 FY25.
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