At the end of the third quarter, Container Corporation of India updated its total throughput to 10,85,154 twenty-foot equivalent units (TEUs), up by 5.18% from 10,31,701 TEUs recorded in Q3FY22.
The company’s export-import (EXIM) volumes went up by 0.62% to 8,33,796 TEUs, and domestic (DOM) volumes jumped by 23.80% to 2,51,358 TEUs in the October-December quarter of FY23 over the October-December quarter of FY22.
The company’s total throughput increased by 7.92% in Q3FY23 to 32,42,097 TEUs from 30,04,204 TEUs recorded in Q3FY22.
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The company has to operate 59 terminals worldwide with two strategic tie-ups. Also, the company has to manage cold storage chains and warehouses. At the end of September 2022, the government of India held a 54.8% stake in the company.
On a consolidated basis, the net profit rose 19.6% to Rs 303.47 crore on 8.1% in net sales to Rs 1,986.34 crore in the July-September quarter of FY23 over the July-September quarter of FY22.
The company’s scrip rose 0.53% on BSE to trade at Rs 724.80.
