CONCOR’s FY25 net profit up 3.35% at ₹1,288.75 crore

By Admin

23 May, 2025

Container Corporation of India Ltd (CONCOR), a key player in India’s logistics and containerized freight transport sector, has announced its financial results for the fiscal year 2024-25, showcasing steady growth and strategic financial decisions aimed at rewarding shareholders and enhancing market performance.

FY25 Financial Highlights
In FY25, CONCOR reported a net profit of ₹1,288.75 crore, marking a 3.35% increase compared to the previous year. The company’s revenue from operations grew by 2.7%, reaching ₹8,887.02 crore, up from ₹8,653.41 crore in FY24. These figures reflect consistent growth in CONCOR’s operations despite challenging market conditions.

Strategic Terminal Operations
A notable contributor to CONCOR’s performance is its network of 26 terminals, which account for more than half of the company’s annual revenue. These terminals are strategically built on land leased from Indian Railways. During FY25, the company paid ₹370.09 crore as land license fees to the Ministry of Railways, which is 12.71% lower than the ₹424 crore paid in FY24. This reduction in fees has positively impacted the company’s profitability.

Bonus Shares to Reward Shareholders
In a move to distribute accumulated profits and enhance share liquidity, the CONCOR Board has approved the issuance of bonus equity shares in a 1:4 ratio—that is, one equity share of ₹5 each for every four fully paid-up equity shares held. These bonus shares will be issued out of the retained earnings, which stood at ₹10,335.67 crore as of March 31, 2025. The issuance, however, is subject to shareholder approval via postal ballot and other regulatory consents.

Dividend Declaration
Further rewarding its shareholders, the Board has declared a final dividend of ₹2 per equity share. This dividend, along with the bonus share issuance, reflects CONCOR’s commitment to sharing its financial success with stakeholders while maintaining robust retained earnings for future growth.

Looking Ahead
The company’s continued emphasis on operational efficiency, cost control, and shareholder value creation positions it well for future growth. The reduction in land license fees and strategic use of retained earnings underline a thoughtful financial strategy. As CONCOR moves forward, stakeholders can look forward to a company that balances profitability with long-term value creation.