Announcement regarding Financial Results for March 31, 2026, Declaration of Final Dividend and Extension of Existing Internal Auditors
CONCOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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CONCOR reported standalone revenue of Rs.9,059 crore for FY2025-26, up 2.2% from Rs.8,863 crore last year. However, profit after tax declined 3.9% to Rs.1,222 crore from Rs.1,272 crore, with the Q4 PAT at Rs.258 crore versus Rs.302 crore in Q4 last year. The Board declared a final dividend of Rs.1 per share (20%), taking total dividend for the year to Rs.8.60 per share (172%). Statutory auditors issued an unqualified opinion. Key audit emphasis includes: Rs.29.34 crore in trade receivables over 3 years old with Rs.24.52 crore not provided for; uncertainty around Land License Fee to Indian Railways; and a change in useful life of LNG trucks from 8 to 15 years reducing depreciation by Rs.8.07 crore. Subsidiary CONCOR Air has going concern uncertainty due to new operations started in October 2025. Internal auditors extended for another year.
Revenue grew modestly but PAT declined YoY due to higher expenses. The multiple dividend payouts indicate strong cash generation. Auditors flagged unresolved trade receivables and subsidiary going concern risk, though no modification to opinion.