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CONCOR expects to garner Rs 7,000 crore revenues for FY19

18 Apr 2019 Evaluate

Container Corporation of India (CONCOR) is expecting to garner Rs 7,000 crore revenues for the fiscal 2018-19, and become a billion dollar company. The company reported Rs 6,167 crore revenues during 2017-18 financial year.

The financial results for the fourth quarter of FY19 are yet to be announced by the company.

CONCOR is a Public Sector Undertaking, under Ministry of Indian Railways which was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.

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