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Container Corporation reports 21% rise in Q4 net profit

Container Corporation of India has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 20.70% in its net profit at Rs 352.31 crore for the quarter under review as compared to Rs 291.90 crore for the same quarter in the previous year. Total income of the company increased by 14.99% at Rs 1,963.11 crore for Q4FY19 as compared Rs 1,707.25 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 16.37% in its net profit at Rs 1,215.41 crore as compared to Rs 1,044.46 crore for the previous year. Total income of the company increased by 11.71% at Rs 7,216.14 crore for year under review as compared to Rs 6,459.75 crore for year ended March 31, 2018.

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