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Concor net dips 9% to Rs 204 cr.


Date: 16-10-2009
Subject: Concor net dips 9% to Rs 204 cr
NEW DELHI: Container CONTAINER Corp of India (CCI) expects export/import transported volumes to rise 5% in the year to March 2010, its chairman Rakesh Mehrotra said on Thursday, on increased activity as the economy improves.

Domestic volumes would rise 20% during the year, Mr Mehrotra told investors on a conference call. In May, Mr Mehrotra had said that Concor’s transported volumes in 2009-10 would rise 10-12%.

The state-run transporter on Wednesday reported a 9% decline in September quarter profit to Rs 204 crore. Income from operations rose to Rs 960 crore from Rs 904 crore.

Source : The Economic Times


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