New Delhi, January 29, 2026: Container Corporation of India Ltd. (CONCOR), the Navratna public sector logistics giant, reported a steady financial performance for the quarter and nine months ended December 31, 2025. The Board of Directors, in a meeting held today, approved the unaudited standalone and consolidated financial results and declared a substantial interim dividend.
Financial Performance Snapshot (Standalone, Q3 FY26 vs Q3 FY25):
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Revenue from Operations: ₹2,301.72 crore (vs ₹2,201.90 crore)
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Profit Before Tax (PBT): ₹432.54 crore (vs ₹459.60 crore)
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Profit After Tax (PAT): ₹329.12 crore (vs ₹343.44 crore)
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Earnings Per Share (EPS): ₹4.32 (vs ₹4.51)
For the nine-month period (Apr-Dec 2025), standalone PAT stood at ₹963.58 crore on revenue of ₹6,802.61 crore. On a consolidated basis, PAT for the nine months was ₹956.58 crore.
Also Read: REC Q3 Results: Net Profit Rises to ₹4,043 Crore, Declares 46% Interim Dividend
Key Operational & Strategic Highlights:
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3rd Interim Dividend Declared: The Board declared a 3rd Interim Dividend of 68%, i.e., ₹3.40 per equity share of face value ₹5/-. This amounts to a total payout of ₹258.95 crores. The record date is fixed as February 9, 2026, and the dividend will be paid on or after February 16, 2026.
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Segment-Wise Performance: The EXIM (Export-Import) segment continues to be the primary growth driver, contributing ₹1,533.19 crore in revenue and ₹365.84 crore in segment profit for Q3. The Domestic segment revenue was ₹768.53 crore.
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Change in Accounting Estimate: The company has re-assessed the useful life of its LNG Trucks & Trailers fleet, extending it from 8 years to 15 years based on OEM confirmation. This change reduced depreciation expense by ₹4.64 crore for the nine-month period, positively impacting profit.
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Land License Fee (LLF) Provision: CONCOR has provided ₹327.15 crore for the nine months towards Land License Fee payable to Indian Railways. This is based on the company's assessment under the Railways' Master Circular and is subject to final determination. Due to this uncertainty, no Right-of-Use (ROU) asset or lease liability has been recognized on the balance sheet as per Ind AS 116.
Auditors' Review & Emphasis of Matter:
The statutory auditor, Hem Sandeep & Co., issued a clean limited review report. However, they emphasized the two critical matters:
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The provisioning for LLF and the non-recognition of ROU assets due to uncertain lease terms with Indian Railways.
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The change in the useful life estimate of LNG vehicles and its impact on current and future depreciation.
For the consolidated results, an emphasis was also placed on subsidiary CONCOR Air Limited, noting a material uncertainty regarding its ability to continue as a going concern following the termination of its Mumbai airport operations and the recent commencement of a new business model in October 2025.
Outlook:
CONCOR maintains a strong balance sheet and continues to be a dominant player in India's multimodal logistics space. The declaration of a healthy interim dividend reinforces its commitment to shareholder returns. The company's performance remains closely tied to global trade volumes (EXIM) and domestic industrial activity.
About CONCOR:
Container Corporation of India Ltd. (CONCOR) is a Navratna Public Sector Enterprise under the Ministry of Railways. It is the leading multimodal logistics and supply chain solutions provider in India, specializing in containerized cargo movement via rail and road.
- The company operates a vast network of over 60 inland container depots (ICDs) and container freight stations across the country, providing essential rail-linked services for both international and domestic trade.