CONCOR Awards ₹192-Crore Contract to GATX India for Wagon Supply

has placed a ₹192 crore order with GATX India for the supply of 10 rakes of BLSS wagons (spine cars) on an operating lease for 10 years. The contract requires completion within 435 days, strengthening CONCOR’s logistics capacity. Meanwhile, in Q3 FY25, CONCOR’s net profit rose 10.9% YoY to ₹366.7 crore, up from ₹330.7 crore last year. However, revenue remained flat, declining 0.1% YoY to ₹2,208.3 crore. EBITDA fell 10.1% YoY to ₹465 crore, with margins contracting to 21.1% from 23.4%. The company also declared a third interim dividend of ₹4.25 per share (85% on ₹5 face value). Follow me for more such updates, Thank You!