''Standalone net sales
(including other operating income) of Container Corporation Of India for the
quarter ended Mar 2024 has increased 7.00% to Rs 2,317.63 crore. Operating
profit margin has jumped from 20.53% to 21.10%, leading to 9.96% rise in
operating profit to Rs 489.01 crore. Employee cost decreased from
5.73% to 5.30%. Other expenses fell from 73.74% to 73.60%.
Freight charges rose from 56.02% to 57.99%. Other
direct service cost fell from 12.95% to 11.08%. Other income fell
1.93% to Rs 93.67 crore. PBIDT rose 7.86% to Rs 582.68
crore. Provision for interest up 30.49% to Rs 19 crore. PBDT
rose 7.23% to Rs 563.68 crore. Provision for depreciation rose 4.67%
to Rs 160.26 crore. Profit before tax grew 8.28% to Rs 403.42
crore. Extraordinary items were decreased to Rs -7.14
crore. Provision for tax was expense of Rs 101.74 crore, compar...
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