CONCOR Reports Steady Q3 Financial Performance, Declares 3rd Interim Dividend

Container Corporation of India Ltd. (CONCOR), the Navratna public sector logistics leader, has announced its financial results for the third quarter and nine months ending December 31, 2025. The Board of Directors approved the unaudited standalone and consolidated results and declared a robust interim dividend, highlighting the company’s continued strength in India’s multimodal logistics sector.

For Q3 FY26, CONCOR reported standalone revenue from operations of ₹2,301.72 crore, compared to ₹2,201.90 crore in the same quarter last year. Profit before Tax stood at ₹432.54 crore (₹459.60 crore in Q3 FY25), while Profit After Tax was ₹329.12 crore (₹343.44 crore). Earnings per share came in at ₹4.32, down slightly from ₹4.51. For the nine-month period from April to December 2025, standalone PAT reached ₹963.58 crore on revenue of ₹6,802.61 crore, while consolidated PAT stood at ₹956.58 crore.

The Board declared a 3rd interim dividend of 68%, or ₹3.40 per equity share of ₹5 face value, totaling ₹258.95 crore. The record date for the dividend is February 9, 2026, with payments scheduled on or after February 16, 2026. The EXIM (Export-Import) segment continued to drive growth, generating ₹1,533.19 crore in revenue and ₹365.84 crore in segment profit for the quarter, while the Domestic segment contributed ₹768.53 crore.

CONCOR has extended the useful life of its LNG Trucks & Trailers fleet from 8 to 15 years based on OEM confirmation, reducing depreciation expense by ₹4.64 crore for the nine months and positively impacting profit. The company also provided ₹327.15 crore for Land License Fees payable to Indian Railways, in line with the Railways’ Master Circular, but due to uncertainties, no Right-of-Use asset or lease liability has been recognized under Ind AS 116.

Statutory auditors Hem Sandeep & Co. issued a clean limited review report while emphasizing two key matters: the Land License Fee provision and non-recognition of ROU assets, and the revised useful life of LNG vehicles affecting depreciation. For the consolidated results, attention was drawn to subsidiary CONCOR Air Limited, which faces uncertainty following the termination of its Mumbai airport operations and the launch of a new business model in October 2025.

CONCOR continues to maintain a strong balance sheet and a dominant position in India’s logistics ecosystem. The interim dividend reinforces the company’s commitment to shareholder returns, while its performance remains closely linked to global EXIM trade and domestic industrial activity.