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CONCOR Clocks 9.88% Surge in Consolidated Net Profit in March 2024 Quarter

CONCOR's board has declared a final dividend of Rs. 2.50 (50%) per equity share of the face value of Rs. 5 each for the year 2023-24
Indian Masterminds Stories

The Container Corporation of India Ltd (CONCOR) registered a 9.88% surge in its consolidated net profit to Rs. 301.25 crore for the March 2024 quarter. The company had reported a consolidated net profit of Rs. 274.14 crore a year ago, CONCOR said in a regulatory filing.

During the quarter under review, consolidated revenue from operations was Rs. 2,417.87 crore against Rs. 2,281.75 in the year-ago period. The PSU stated that its Board has declared a final dividend of Rs. 2.50 (50%) per equity share of the face value of Rs. 5 each for the year 2023-24, subject to the approval of the shareholders in the ensuing annual general meeting.


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