'
Container Corporation of India
hosted a conference call on Jan 25, 2024. In the conference call the company
was represented by Sanjay Swarup, CMD.
Key takeaways of the call
Overall volume handled for 9mFY24
was up 7% to 3475186 TEUs [EXIM up 6% to 2714018 TEUs & Domestic up 11% to
761168 TEUs]. For Q3FY24 the throughput
was up 6% to 1150808 TEUs [EXIM up 8% to 902582 TEUs & Domestic down 1% to 248226
TEUs].
Originating volume is 635 269
TEUs [Exim 525138 TEUs; Domestic 110131 TEUS]
In EXIM business there are
effects of geo political impact and this issue is temporary. The company is
talking with shipping lines and things will stabilize by first week of Feb
2024.
Domestic business is witnessing very
good demand all across the country. With increase in container inventory and good
fleet of rakes the company is set to capitalize the d...
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