CONCOR reports strong performance, outlines future plans at 37th AGM

CONCOR's chairman's speech at the 37th AGM highlighted a strong financial year, with total throughput of 4.41 million TEUs and turnover of ₹8,382.44 crore. The company's profit after tax (PAT) reached ₹1,343.83 crore, reflecting a significant increase from previous years and indicating sustained growth and operational efficiency. The company also announced capital expenditure of ₹1,749.95 crore.

Key strategic initiatives include investments in infrastructure such as terminals, rolling stock, and equipment. CONCOR is focusing on improving first and last-mile connectivity, developing multimodal logistics parks, and enhancing digital solutions. The company aims to leverage technology for better customer service and operational efficiency, including advanced planning systems and paperless transactions.

CONCOR's future plans include expanding its terminal network, improving transit times, and investing in green logistics solutions. The company emphasizes its commitment to sustainability and "Make in India" initiatives, aiming to provide comprehensive logistics solutions across the country while driving economic growth.