Container Corporation of India (Concor) has decided to issue one bonus share for two shares held in the company. This was approved by the company’s board on Thursday.
The company recorded a marginal growth in net profit at Rs 246.47 crore for the June quarter of current fiscal over corresponding period last fiscal.
The income from operations of the company was up 15 per cent at Rs 1,194.54 crore.
The rail freight expense, which is the amount paid to Indian Railways and the largest share of operational expenditure, was up by 20.6 per cent during the period.
This is according to the information filed on BSE.
Concor scrip closed 2.09 per cent lower at Rs 1,49.80 on Friday on the BSE.