Container Corporation of India net dips 31.9% in Q2

Container Corporation of India net dips 31.9% in Q2

16/11/2016 14:32

India’s leading multimodal logistics support services provider Container Corporation of India Ltd has reported a decline of 31.9 per cent in its standalone net profit after taxes (PAT) at Rs 157.84 crore for the second quarter ended September 30, 2016.

“The standalone PAT of the company stood at Rs 231.69 crore during the same period a year ago,” said Container Corporation of India Ltd in a filing to the Bombay Stock Exchange.

Further, it’s standalone total income fell by 8.4 per cent at Rs 1,454.88 crore during Q2 2016-17, as compared to Rs 1,588.08 crore during the same period last year.

Meanwhile, shares of the company were trading at Rs 1,310 apiece, up 0.38 per cent, from previous close on BSE at 14:35 hours.

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