Container Corp of India June-qtr Profit Down
State-owned Container Corporation of India recorded a 14 percent drop in standalone net profit for the three months to the end of June, the company said in a statement.
Its net profit for the April-June quarter came in at 1.78 billion rupees ($26.67 million), missing expectations.
Analysts had estimated a net profit of 2.01 billion.
Its income from operations for the quarter was 13.39 billion rupees, down 5.7 percent.
(Reporting by Promit Mukherjee)
