State-owned Container Corporation of India Ltd (Concor) on Thursday reported a 24.46 per cent rise in consolidated net profit as compared to the corresponding quarter a year ago, taking the profits from Rs 225.66 crore to Rs 276.35 crore for the quarter ended December 31, 2021.

The multi-modal logistics company informing the regulatory filing to the BSE said, that the total income during the October-December quarter of the current fiscal rose to Rs 1,994.18 crore, from Rs 1,842.11 crore in the year-ago period.

The said quarter endured total expenses of Rs 1,632 crore, as compared to Rs 1,545.79 crore earlier.

Besides providing inland transport by rail for containers, Container Corporation of India is into management of ports, air cargo complexes and establishing cold chains.

Source : logisticsinsider