Navratna company announced 80% dividend, see record date here

with a market valuation of 42,711.53 crore, Container Corporation of India Limited is a Navratna CPSE owned by the Government of India. Whether doing domestic or international business, the organization provides reliable logistical solutions to its clients. Today, the business announced its Q3FY23 results and 80% dividend.

The company said in a stock exchange filing that “The Board has declared 3rd Interim Dividend of 80% for the FY 2022-23 i.e. Rs.4.00 per Equity Share of face value of Rs.5/- amounting to Rs.243.72 Crores” . The record date for the purpose of payment of interim dividend has been fixed as 06.02.2023. The interim dividend will be paid to the shareholders on or after 13.02.2023. The dividend will be paid within 30 days of its declaration.”

On a consolidated basis, the company posted net sales of As against 2.004.46 Cr in Q3FY23 1,938.03 Cr was posted in Q3FY22, representing a YoY growth of 3.42%. The company posted a net profit of 288.30 crore in the quarter ending December 2022 as compared to Rs. 276.35 Cr posted in the quarter ending Dec 2021, representing a YoY growth of 4.32% on a consolidated basis. The company declared EPS of 4.82 per share in Q3FY23 as against 4.65 Posted in the year-ago quarter.

On a standalone basis, the company posted net sales of 1,988.43 Cr in Q3FY23, as against 1,919.98 in Q3FY22, representing a YoY growth of 3.56%. Container Corporation of India posted a net profit 296.50 crores in the quarter ending December 2022 286.53 Cr posted in the year-ago quarter, representing a YoY growth of 3.47% on a standalone basis. The company declared EPS of 4.87 per share in the quarter ending December 2022 as against 4.70 Posted in the year-ago quarter.

Container Corporation of India Limited shares closed today on NSE 702.00 each level, down 0.52% from previous close 705.65. The stock recorded a total volume of 1,352,095 shares as compared to 20-day average volume of 1,108,470 shares. The stock has gained 12.76% in last 1 year and on YTD basis, it has declined 5.17% in 2023 so far. The stock has touched a 52-week high. at 828.75 (09-Nov-2022) and 52-week low 554.00 on (20-May-2022).


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