Container Corporation of India

“So we'll review our guidance in the month of December. Right now, we are just keeping quiet as far as guidance is concerned because the situation is evolving.”

“Right now, we hope that whatever guidance we have given in domestic, that will hold at least for the H2 part.”

“One is at Salawas near Jodhpur that is likely to be commissioned very shortly, maybe this month.”

“And another terminal is at Pathri Haridwar that is getting commissioned maybe in this financial year itself.”

“And then one more terminal work we have started in Amritsar and one terminal work we are doing near Ahmedabad double stack this DFC that is Chharodi.”

“Then further land acquisitions, we are planning at various other terminals. So if those land acquisitions happen, we'll have more capex on them.”

“Throughput in the H1 in the EXIM segment has increased by 4.57% and domestic segment, 4.22%, total 4.48%.”

“Our Nepal business has increased from 45 rakes to 107 rakes in this quarter, 138% increase.”

“We have now got 18.48% growth in reefer exports. We have started new reefer services from Hyderabad to JNPT carrying pharma products.”

“We have got 7.48% growth in DPD exports, 3.28% growth in laden exports”

“we have signed 2 agency agreement last month itself and in the first half in the H1, our turnover from the shipping activities was INR12 crores”

“we are very hopeful that in the next half, we'll have also a very strong performance.”

“In domestic front, the tile traffic at Morbi, which was affected adversely by war, this has now improved. We are getting robust growth there.”

“But from August and Sept., we are getting traffic, good traffic and August and September, we got good traffic in gunny bales.”

“We are now talking to fertilizer manufacturers for taking fertilizer bags in containers.”

“Now busy season surcharge is over in September. We hope we'll get back some traffic from October onwards.”

“We have reduced our upper deck rates for EXIM traffic from Dadri to JNPT and some other terminal. We have also reduced our EXIM rates at Tughlakabad so that Tughlakabad rises further as a flagship terminal of CONCOR.”

“So EBITDA, we have maintained a very handsome EBITDA if you consider total income, then the EBITDA is 25.79%.”

“So in order to keep our market share up and continue to carry the domestic volumes, we had to at places yields as far as our rates are concerned in some places, but we have not compromised our margins in a great manner.”

“Whatever dip you are seeing in our margin, it is because of some marginal increase in expenses arising out of fuel price rise and the staff cost is increasing, the land and other issues.”

“So Dadri, we have revised the upper deck prices, 40 feet container prices to get more double stack traffic. It is depending upon the stream and the circuit, it amounts to 10% to 20%. So depending upon the kilometers, different slabs are there. So 10% to 20% price reductions we have effected.”

“We have announced a dividend of INR1.9 per share, and the total dividend has now gone up to INR3.5 per share in the first half.”

“due to the turbulence in Gulf, the gas supplies got affected to India, and we had the entire tile cluster in Morbi, it practically shut down in the first quarter.”

“As all of you are aware, a ceasefire, which was announced in the Gulf, it collapsed in a few days and the Strait of Hormuz for container traffic remains practically closed.”

“we started it from the Middle East, particularly the UAE. But because of the war in March that has got disrupted.”

“So at this point, we have not -- and we don't have the plan even to enter into coastal shipping in the current financial year.”

“But for the time being, that is on hold because the shipping sector is in turbulence.”

“Empty containers are not coming. So because of that, export volumes are also getting affected from India.”

“We have recorded highest ever physical performance in any quarter by posting total handling volume of 1,448,379 TEUs.”

“We have posted highest ever operating turnover at INR2,373 crores and highest ever total income in any quarter, INR2,466 crores.”

“highest ever total income in any quarter, INR2,466 crores. The revenue growth has been 0.93%.”

“The profits -- stand-alone profit before tax has been INR462 crores, that is amounting INR154 crores per month”

“The average lead in Q2 has increased to 817 kilometers from 779 kilometers, that is an increase of 4.9%.”