Container Corporation Q2 Net up 21.38% at Rs 233 crore

State-run Container Corporation of India (CONCOR) today reported 21.38 per cent jump in its standalone net profit to Rs 232.91 crore for the second quarter ended September 30 on the back of higher income.
The company had posted a net profit of Rs 191.88 crore for the July-September quarter of the previous fiscal, CONCOR said in a filing to the BSE.
Its total income from operations increased to Rs 1,501.94 crore during the quarter from Rs 1,354.79 crore in the corresponding period of 2014-15.
The firm's total expenses rose to Rs 1,273.38 crore during the quarter from Rs 1,190.68 crore a year ago.

CONCOR, set up in 1988, provides cost-effective logistics services.
It has a network of 63 terminals, offering scheduled and on demand rapid rail and road services between the hinterland and ports, and between terminals across the country.
CONCOR shares closed 0.92 per cent down at Rs 1,469.60 apiece on the BSE.