Concor announces Q2 results of EBITDA up 6.5%

NEW DELHI : State-owned Container Corporation of India (CONCOR) recorded a slight dip in profit for Q2, despite a 4.2% revenue boost.

CONCOR’s Q2 results reflected a mixed performance, with net profit slipping by 0.6% to ₹366.3 crore from ₹368.5 crore year-on-year (YoY). Meanwhile, the company achieved modest revenue growth, rising 4.2% to ₹2,287.7 crore, supported by increased logistics demand.

EBITDA rose 6.5% to ₹582 crore from ₹546.5 crore, reflecting gains in operational efficiency.

The EBITDA margin saw a decent uptick, reaching 25.4% from 24.9% YoY, indicating steady cost management. CONCOR announced a second interim dividend of ₹3.25 per share, showing confidence in its cash flow.