The Container Corporation of India (Concor) has presented the results of the third quarter of the financial year 2024-25, and has also given news to the shareholders’ faces. The company has declared a third interim dividend and announced to give an amount of 85% i.e. ₹ 4.25 per share. If you keep the company shares then it can prove to be a big benefit for you.
Now if we talk about the performance of the company, then the results of this quarter were not special, but there was a slight increase. Concore’s profit was ₹ 340.5 crore, which is about 4.5% more than ₹ 325.8 crore in the same quarter last year. However, there has been a slight decline in the total revenue and reached ₹ 2,208 crore, which was ₹ 2,211 crore last year.
But the real concern is about Ebitda, where a decline of 10% has been recorded. Ebitda has now come to ₹ 465 crore and its margin has also come down to 21.1%. This means that the company will need a little more attention to its expenses.
Do not miss a chance to get dividend
If you are a shareholder of Concore, keep your share hold by February 2, 2025, as this is a record date. Those who will have shares of the company till this date will get the benefit of dividend. After this, the share buyers will not get this opportunity.
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The payment of dividend will start from February 18, 2025 and the company will directly transfer it to your bank account.
Dividend was also given last year
Concore’s record has been excellent in giving dividend. Last year too, the company gave a dividend of ₹ 3.25 per share in November. Earlier, ₹ 2- ₹ 2 per share was announced in September and August, while in February, a dividend of ₹ 4 per share was received.