Container Corp Q4 Results: Profit Up 3%

Container Corp.'s standalone net profit rose 3% to Rs 302.1 crore in the fourth quarter of the current financial year, according to an exchange filing on Thursday.

The logistics services provider's revenue fell 1.6% to Rs 2,281.4 crore in the fourth quarter, it added.

• Revenue down 1.6% to Rs 2,281.37 crore versus Rs 2,317.63 crore.

• Ebitda down 11% to Rs 433.46 crore versus Rs 489.01 crore.

• Margin at 19% versus 21.1%.

• Net profit up 3% to Rs 302.14 crore versus Rs 294.54 crore.

Shares of Container Corp. closed 1.02% higher at Rs 739 apiece on the National Stock Exchange, compared to a 0.87% decline in the benchmark Nifty. The stock has fallen 31.78% in the last 12 months and 6.35% on a year-to date basis.