Container Corp of India's quarterly profit falls on weak domestic shipments, higher costs

Container of India

29/01/2026 14:13

Jan 29 (Reuters) - Container Corporation of India CCRI.NS reported a 9% fall in third-quarter profit on Thursday, hurt by rising expenses and a slowdown in its domestic segment.

The state-run rail logistics company's consolidated net profit fell to 3.34 billion rupees ($36.3 million) for the three months ended December 31, from 3.67 billion rupees a year ago.

The company's quarterly domestic segment revenue declined 5.5% year-on-year, compared with a 2.8% growth in the previous quarter and a 5.8% rise a year earlier.

An uptick in rail freight and other operating expenses pushed the company's total expenses up 6.53% to 19.67 billion rupees during the quarter.

Overall quarterly revenue rose 4.5% to 23.08 billion rupees.

KEY CONTEXT

Rail container volume growth during the quarter moderated after the end of the festive season, with analysts flagging muted growth for Container Corp amid rising competition and potential market-share losses.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth(%)
Profit growth(%)
Mean rating*
# of analysts
Stock to price target**
Div yield (%)
Container Corporation of India Ltd
CCRI.NS
24.30
14.97
12.05
13.79
Hold
14
0.85
1.85
VRL Logistics Ltd
VRLL.NS
21.11
8.93
7.20
13.53
Strong Buy
8
0.78
2.86
Mahindra Logistics Ltd
MALO.NS
34.67
7.19
13.78
351.33
Hold
8
0.96
0.67
Aegis Logistics Ltd
AEGS.NS
28.71
17.16
13.62
17.06
Buy
4
0.91
0.92

* The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

OCT-DEC STOCK PERFORMANCE

- All data from LSEG IBES

($1 = 91.9110 Indian rupees)

CCRI https://tmsnrt.rs/4tc5n12

(Reporting by Aleef Jahan and Nandan Mandayam; Editing by Jonathan Ananda)

((aleefjahan.cs@thomsonreuters.com))