Container Corporation of India Ltd (CONCOR) posted a net profit of ₹1,288.75 crores in FY25, 3.35 percent more than a year ago. The company’s revenue from operations rose 2.7 percent to ₹8,887.02 crore in FY25 from ₹8,653.41 crore a year earlier. The board approved the issue of bonus equity shares in the ratio 1:4 (one equity share of ₹5 each for every four fully paid-up equity shares of ₹5 each held by the shareholders of the company. The bonus shares will be issued out of retained earnings (free reserves) of ₹10,335.67 crore as on March 31, 2025.
The issue of bonus shares is subject to the approval of shareholders (through postal ballot) and other requisite approvals as may be applicable. The Board has declared a final dividend of Rs2 per equity share. In FY25, CONCOR paid ₹370.09 crore as land license fee to the Ministry of Railways for running 26 terminals built on land leased from Indian Railways, a drop of 12.71 percent on the ₹424 crore paid last year on this account. The 26 terminals account for more than half of the annual revenue of CONCOR. Bonus shares are issued by companies primarily to distribute accumulated profits to shareholders without making a cash payout, as well as to increase share liquidity and potentially lower the share price.
