Business Standard

Tuesday, December 24, 2024 | 10:44 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

CONCOR Q3 Net jumps 21 pc to Rs 301 crore

Image

Press Trust of India New Delhi
State-run Container Corporation of India (CONCOR) has reported a 21 per cent jump in net profit at Rs 301 crore for the third quarter ended December 31, 2014.

The company had posted a net profit of Rs 249.57 crore for the quarter ended December 31, 2013, CONCOR said in a regulatory filing to the stock exchange.

Total income of the company has increased to Rs 1,537 crore during the quarter from Rs 1,328 crore for the same quarter ended December 31, 2013.

The Board of Directors of the company has declared an interim dividend of Rs 8 per equity share of face value of Rs 10 each amounting to Rs 156 crore.
 

CONCOR informed BSE that the company has fixed February 25, 2015 as the Record Date for the purpose of Payment of interim dividend.

"The interim dividend will be paid or dispatched to the shareholders on or after March 3, 2015. The payment of dividend will be made within 30 days of its declaration," the stock exchange filing said.

Shares of CONCOR closed at Rs 1,414.25 apiece, up 0.92 per cent on the BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 11 2015 | 6:45 PM IST

Explore News