'
Container Corporation of India hosted
conference call on Nov 3, 2023. In the conference call the company was
represented by Sanjay Swarup, CMD.
Key takeaways of the call
Volume throughput for Q2FY24 was up 7.59%
to 1230768 TEUs [EXIM up 3.5%yoy to 969746 TEUs; Domestic up 26.13%yoy to
261022 TEUs].
Volume throughput for H1FY24 was up 7.76%
to 2324378 TEUs [EXIM up 5.21%yoy to 1811436 TEUs; Domestic up 17.88%yoy to
512942 TEUs].
Q2FY24 Originating volume – EXIM is 504990
TEUs and Domestic is 106998 TEUs.
Volume growth for FY24 is expected at
12-15% as guided at the start of the year but the company can slightly beat the
guidance.
Strong volume growth in Domestic segment
and hope to maintain very good growth going forward. Lot of good circuits the company has picked up
and that have driven the domestic volume.
In EXIM business Import volume were strong
driven by solar panels, waste...
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