CONCOR sees second-half volume recovery and margins above 25%
In short
Container Corporation of India said it expects volumes to recover in the second half and EBITDA margins to stay above 25%. It also expects better market share and higher double-stack and Python train operations.
What the reporting says
Container Corporation of India said it expects second-half volume recovery and EBITDA margins above 25%. The CNBC TV18 Business summary said the company sees gains from higher double-stack and Python train operations, with market share improvement also expected. It added that a recovery in West Asia could further support the outlook.
Why it matters
Container Corporation of India said it expects second-half volume recovery and EBITDA margins above 25%, with help from higher double-stack and Python train operations. The CNBC TV18 Business summary also said the company expects to improve market share and could benefit if West Asia recovers. The update points to a steadier operating outlook for the freight and logistics company.