Container Corporation of India (CONCOR) share price jumped more than 4 percent on July 30

CONCOR

Container Corporation of India (CONCOR) share price jumped more than 4 percent on July 30, a day after the state-owned firm reported a 409.67 percent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30.

It had clocked a net profit of Rs 49.29 crore in the year-ago period, the multi-modal logistics company said in a regulatory filing.

The total income during the April-June FY22 quarter increased to Rs 1,876.79 crore from Rs 1,251.50 crore a year ago. Expenses stood at Rs 1,536 crore as compared to Rs 1,179.71 crore earlier.

News Source:- Moneycontrol

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