Container Corporation of India (CONCOR) Q2 26/27 earnings summary

Executive summary

• Record Q2 handling volume of 1,348,379 TEUs, operating turnover of ₹2,373 crore and total income of ₹2,466 crore amid severe West Asia trade disruption.

• Standalone Q2 PBT was ₹454.14 crore and PAT ₹337.75 crore, both below year-ago levels; management expects volumes and revenue to grow in coming quarters.

Financial highlights

• Standalone Q2 revenue from operations was ₹2,373.21 crore vs ₹2,351.36 crore YoY; H1 revenue was ₹4,527.25 crore vs ₹4,500.89 crore.

• Standalone Q2 PBT was ₹454.14 crore vs ₹497.58 crore YoY; H1 PBT was ₹814.25 crore vs ₹846.62 crore. Q2 PAT was ₹337.75 crore vs ₹368.98 crore; H1 PAT was ₹610.21 crore vs ₹628.11 crore.

• Standalone Q2 EPS was ₹4.64 vs ₹4.99 YoY; H1 EPS was ₹8.17 vs ₹8.50. Consolidated H1 revenue was ₹4,538.33 crore and PBT ₹826.52 crore.

• Operating expenses rose ₹20 crore, driven by staff, fuel-related handling and road transport costs; management characterized the increase as normal inflation.

• Standalone H1 net cash from operating activities was ₹799.87 crore vs ₹751.55 crore YoY; cash and cash equivalents were ₹522.66 crore at 30 September 2026.

Segment performance

• Consolidated Q2 EXIM revenue was ₹1,591.90 crore and Domestic revenue ₹786.67 crore; segment results before tax and interest were ₹432.08 crore and ₹16.46 crore, respectively.

• H1 handling volumes grew 4.57% in EXIM, 4.22% in Domestic and 4.48% overall; Q2 average lead rose to 817 km from 779 km YoY, while Nepal rakes increased to 107 from 45.

• Q2 originating volumes totaled 718,415: EXIM 575,401 and Domestic 143,014.

• EXIM reefer exports grew 18.48%, DPD exports 7.48% and laden exports 3.28%; a Hyderabad–JNPT pharma reefer service began.

• Domestic tile traffic recovered in August–September and gunny bale traffic returned from August; food grains faced rail-wagon competition. Bulk cement reached ~12,000 TEUs in Q2; the tank-container fleet reached 1,100, with 2,000 more in pipeline.