Container Corporation of India Interim Dividend Declared; Posts Strong Q2 Results

Container Corporation of India (CONCOR) announced a ₹2.60 per share interim dividend for FY 2025-26. The company reported a Q2 profit before tax of ₹504.29 crore, up from ₹346.53 crore in Q1. Revenue also increased to ₹2,351.36 crore. Despite challenges, CONCOR shows solid financial performance and shareholder returns.

Interim Dividend Announcement

The Board of Directors has declared an interim dividend of ₹2.60 per equity share (face value of ₹5) for the financial year 2025-26. This translates to a 52% dividend. The total payout amounts to ₹198.02 crores. The record date for determining eligible shareholders is November 20, 2025, with payment scheduled on or after November 27, 2025.

Q2 Financial Performance

CONCOR’s Q2 (Jul-Sep) results showcase positive financial indicators:

  • Revenue from operations:₹2,351.36 crore compared to ₹2,149.53 crore in Q1 (Apr-Jun)
  • Profit before tax:₹504.29 crore, significantly up from ₹346.53 crore in Q1.
  • Profit after tax:₹376.75 crore

Segment Revenue

A breakdown of revenue by segment reveals:

  • EXIM:₹1,577.44 crore
  • Domestic:₹773.92 crore

Emphasis of Matter

Land License Fee (LLF) payments to Indian Railways are based on the company’s assessment, aligning with the Master Circular dated October 4, 2022. Uncertainty regarding lease terms means that Right of Use (ROU) assets haven’t been assessed as per Ind AS 116. Additionally, the company has reassessed the accounting estimate for LNG Trucks & Trailers, extending their useful life from 8 years to 15 years. This change significantly impacts depreciation expenses in current and future periods.

Source: BSE

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