Article Body
Shares of Container Corporation of India (CONCOR) fell more than 5% during Tuesday’s trading session after the company reported weaker quarterly earnings for Q4 FY26, with declines seen across profit, revenue and operating performance.
As of 10:57 AM IST, CONCOR shares were trading near the day’s low levels after investor sentiment turned negative following the earnings announcement. The stock touched an intraday low of ₹482.70 and a high of ₹494.90 during the session. The stock opened at ₹490.80 against the previous close of ₹512.05. Live trading volume stood at 31.87 lakh shares.
For the March quarter, CONCOR reported a consolidated net profit of ₹262.7 crore, down 12.4% year-on-year compared to ₹299.8 crore posted in the corresponding quarter last year.
Revenue from operations also slipped 1.1% YoY to ₹2,263.3 crore from ₹2,287.8 crore in Q4 FY25, indicating muted business growth during the quarter.
At the operating level, EBITDA declined 3% YoY to ₹427.5 crore compared to ₹440.6 crore in the year-ago period. EBITDA margin narrowed to 18.9% from 19.3%, reflecting pressure on profitability despite relatively stable revenue performance.
The company’s weaker operational performance and decline in margins weighed on market sentiment, leading to selling pressure in the stock during Tuesday’s trade.
Despite the weak quarterly performance, the board declared a final dividend of ₹1 per equity share of face value ₹5 for FY26, subject to shareholder approval. This is in addition to interim dividends of ₹1.60, ₹2.60 and ₹3.40 per share already paid during the financial year.
CONCOR shares have remained volatile over the past year. The stock touched a 52-week high of ₹652.04, while the 52-week low stands at ₹421.45.
Comments