'
Standalone net sales (including other operating income) of Container
Corporation Of India for the quarter ended Sep 2023 has increased 11.15% to Rs
2,190.40 crore. Operating profit margin
has declined from 25.36% to 24.53%, leading to 7.48% rise in operating profit
to Rs 537.25 crore. Employee cost increased from 4.62% to 5.58%.
Other expenses fell from 70.02% to 69.89%. Freight
charges rose from 54.19% to 54.92%. Other direct service cost fell
from 13.30% to 12.38%. Other income up 101.75% to Rs 102.45
crore. PBIDT rose 16.18% to Rs 639.7 crore. Provision for
interest up 2.37% to Rs 14.67 crore. PBDT rose 16.54% to Rs 625.03
crore. Provision for depreciation rose 10.82% to Rs 148.6
crore. Profit before tax grew 18.45% to Rs 476.43
crore. Provision for tax was expense of Rs 118.73 crore, compared to
Rs 99.41 crore. Effective tax...
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