The company handled 14.05 lakh twenty-foot equivalent units (TEUs) during the June quarter, up from 12.90 lakh TEUs a year earlier, according to its provisional operational update. A TEU, or twenty-foot equivalent unit, is the standard measure used globally to track container cargo volumes.
EXIM container volumes rose 9.78% to 10.69 lakh TEUs, while domestic volumes increased 6.17% to 3.36 lakh TEUs during the quarter. The faster growth in EXIM cargo suggests healthy demand from India’s overseas trade, while the rise in domestic volumes points to steady movement of goods within the country.
The company said the figures are provisional and were disclosed under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations.
Earlier, on July 9, the company said it had signed a long-term agreement with state-run natural gas company GAIL (India) Ltd. to establish an LNG dispensing station at CONCOR’s Inland Container Depot (ICD) in Khodiyar, Ahmedabad.
Under the 15-year agreement, GAIL will have exclusive operational control and invest in setting up the LNG retail outlet infrastructure. CONCOR will provide around 3,000 square metres of land within its Ahmedabad terminal, along with the required utility connectivity. The LNG station is expected to support cleaner fuel adoption for heavy commercial vehicles operating in and around the logistics hub.
Q4 FY26 results
The company had reported a 12.4% year-on-year decline in consolidated net profit for the fourth quarter to ₹262.7 crore, compared with ₹299.8 crore in the same period last year.
Revenue declined 1.1% year-on-year to ₹2,263.3 crore from ₹2,287.8 crore a year earlier. EBITDA fell 3% to ₹427.5 crore from ₹440.6 crore in the corresponding quarter last year, while the EBITDA margin narrowed marginally to 18.9% from 19.3%.
Despite the weaker March-quarter earnings, the June-quarter volume growth could indicate an improvement in business activity at the start of the new financial year, although the financial impact will become clearer when the company reports its quarterly results.
CONCOR’s performance in the March quarter was weighed down by its domestic business, where revenue fell 4.5% year-on-year to ₹761 crore, while earnings before tax (EBIT) plunged 92% to ₹3.35 crore from ₹41.82 crore a year earlier. Margins for the segment shrank to 0.4% from 5.2%.
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