During Friday’s trading session, shares of a company involved in providing inland transportation of containers by rail are in focus on the stock exchanges, following the announcement of its Q4 FY25 results, along with the approval of a 1:4 bonus issue and a 40 percent dividend.
With a market capitalisation of Rs. 43,747.3 crores, at 10:43 a.m., the shares of Container Corporation of India Limited were trading in the red at Rs. 718 on BSE, down by nearly 3 percent, as against its previous closing price of Rs. 738.4. The stock has delivered negative returns of more than 35 percent in one year, but has gained by nearly 1 percent in the last one month.
What’s the News:
According to the latest regulatory filings on the stock exchanges, Container Corporation of India Limited (CONCOR) announced the financial results for Q4 FY25 on Thursday after market hours.
For Q4 FY25, CONCOR reported a revenue from operations of Rs. 2,287.8 crores, reflecting a marginal growth of around 4 percent QoQ from Rs. 2,208.3 crores in Q3 FY25, but a year-on-year decline of about 2 percent from Rs. 2,325 crores in Q4 FY24.
Net profit stood at Rs. 298.8 crores in Q4 FY25, marking a nearly 19 percent QoQ decline from Rs. 367.3 crores reported in the previous quarter, and an annual decrease of around 2 percent from Rs. 304.2 crores in Q4 FY24.
EBITDA came in at Rs. 441 crores during Q4 FY25, indicating a marginal drop of 5 percent QoQ from Rs. 465 crores in Q3 FY24, and a year-on-year contraction of 11 percent YoY compared to Rs. 498 crores in Q4 FY24. Meanwhile, EBITDA margins narrowed to 19 percent in Q4 FY25, from 21 percent in both Q3 FY25 and Q4 FY24.
The company’s Board has approved the issuance of bonus shares in the ratio 1:4, which means that the eligible shareholders will receive 1 equity share of Rs. 5 each for every 4 fully paid-up equity shares held as of the Record Date. Additionally, the Board has declared a final dividend of Rs. 2 per equity share (40 percent) of the face value of Rs. 5 each for FY25.
About the company:
Container Corporation of India Limited (CONCOR), a Navratna Public Sector Enterprise under the Ministry of Railways, is a market leader in container transportation and logistics services in India. It is engaged in the business of providing inland transport by rail for containers, along with covering management of ports, air cargo complexes and establishing a cold chain.
Written by Shivani Singh
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