Container Corporation of India's quarterly profit falls on lower revenue from domestic cargo

Container of India

22/05/2025 16:10

May 22 (Reuters) - Container Corporation of India CCRI.NS reported a 1.6% fall in fourth-quarter profit on Thursday, hurt by a revenue drop in its domestic cargo services.

The state-run rail logistics company's consolidated net profit fell to 2.99 billion rupees ($34.78 million) for the three months ending March 31, from 3.03 billion rupees a year ago.

Revenue from its domestic segment, which provides logistics services within India, shrunk about 10%, pushing down its overall revenue by 1.6% to 22.89 billion rupees.

For further earnings highlights, (click here).

KEY CONTEXT

Overall volume growth across India's logistics sector likely slowed in the quarter, as weak global trade and subdued demand in sectors such as autos, FMCG, and apparel weighed on activity, analysts said.

The share of cargo moved by rail declined, with more export-import volumes shifting to road transport, they added.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Price/Sales
Revenue growth(%)
Profit growth(%)
Mean rating*
# of analysts
Stock to price target**
Div yield (%)
Container Corporation of India
CCRI.NS
29.39
18.35
NULL
13.64
14.30
HOLD
9
0.94
1.61
VRL Logistics
VRLL.NS
25.28
9.53
NULL
9.52
21.25
STRONG BUY
9
0.85
0.91
Mahindra Logistics
MALO.NS
46.55
6.85
NULL
15.34
NULL
HOLD
10
1.01
0.76
Aegis Logistics
44.27
25.87
NULL
11.32
21.78
BUY
3
1.18
0.58

* 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

JAN-MARCH STOCK PERFORMANCE

-- All data from LSEG IBES

($1 = 85.9690 Indian rupees)

TTEX https://tmsnrt.rs/4ktlt14

 (Reporting by Aleef Jahan; Editing by Sahal Muhammed)

 ((aleefjahan.cs@thomsonreuters.com))