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18-May-2024

Contianer Corporation of India

Expect overall volume growth of 18-20% in FY25


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Expect overall volume growth of 18-20% in FY25   

 

Contianer Corporation of India hosted a conference call on May 17, 2024. In the conference call the company was represented by Sanjay Swarup, CMD.

Key takeaways of the call

Expect a volume growth of 15% in EXIM and 25% for Domestic for FY25 and overall volume growth of 18-20%.   

The company is confident of material result for its effort for diversion of volume from road to rail and that is to drive EXIM volume growth for the company.  It is confident of maintain 25% EBITDA margin this fiscal.   

EXIM handling volume growth was 7.08 in FY24 and that of originating volume was 7.59%.

First mile last mile biz for both EXIM and domestic is currently 25% and the target is to reach 50% in current fiscal and the ultimate is to about 80-85%.

Empty running for Q4FY24 was Rs 141.3 c...



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