'Standalone net sales
(including other operating income) of Container Corporation Of India for the
quarter ended Sep 2024 has increased 4.23% to Rs 2,283.03 crore. Operating
profit margin has jumped from 24.53% to 25.18%, leading to 7.02% rise in
operating profit to Rs 574.95 crore. Employee cost decreased from
5.58% to 5.04%. Other expenses fell from 69.89% to 69.78%.
Freight charges fell from 54.92% to 54.85%. Other
direct service cost fell from 12.38% to 11.50%. Other income up
26.96% to Rs 130.07 crore. PBIDT rose 10.21% to Rs 705.02
crore. Provision for interest up 20.38% to Rs 17.66
crore. PBDT rose 9.97% to Rs 687.36 crore. Provision for
depreciation rose 8.82% to Rs 161.71 crore. Profit before tax grew
10.33% to Rs 525.65 crore. The exceptional item for the quarter
ended on 30th September 2024, is the amount paid for settlement of disputed
cl...
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