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Home / Companies / Results / Concor's Q1 profit plunges 76% to Rs 58 cr, income down at Rs 1,251.5 cr

Concor's Q1 profit plunges 76% to Rs 58 cr, income down at Rs 1,251.5 cr

Total income during the April-June period of the current fiscal dipped to Rs 1,251.50 crore from Rs 1,722.79 crore in the year-ago period

Concor banking on internal accruals for Rs 6k-cr capex plans in 5 years

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Total expenses also declined to Rs 1,179.71 crore as compared to Rs 1,397.45 crore earlier.

Press Trust of India New Delhi

1 min read Last Updated : Aug 07 2020 | 11:38 PM IST

State-owned Container Corporation of India Ltd (Concor) on Friday said its consolidated profit nosedived 75.97 per cent to Rs 58.26 crore for the quarter ended on June 30, 2020.

The company had clocked a consolidated profit of Rs 242.51 crore during the corresponding quarter a year ago, the multi-modal logistics company said in a regulatory filing to the BSE.

Total income during the April-June period of the current fiscal dipped to Rs 1,251.50 crore from Rs 1,722.79 crore in the year-ago period.

Total expenses also declined to Rs 1,179.71 crore as compared to Rs 1,397.45 crore earlier.

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Topics : Container Corporation of India Concor Q1 results

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