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North Eastern Carrying Corporation Limited Announces Delisting from NSE
North Eastern Carrying Corporation Limited announced that the Exchange has approved the delisting of its equity shares from the National Stock Exchange of India Limited (NSE). The delisting will be effective from August 12, 2023.
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North Eastern Carrying Corporation Limited Declares Dividend
North Eastern Carrying Corporation Limited announced a final dividend of Rs. 1.50 per equity share for the financial year ended March 31, 2023. The record date for the dividend is August 10, 2023.
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NECCL's profit rises 50% in FY23, declares 15% cash dividend
North Eastern Carrying Corporation Limited (NECCL) has declared a 15 percent cash dividend for the fiscal year 2022-23. This came as the company's profit rose by 50 percent to Tk 212 crore during the period.
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NECCL's revenue jumps 23% in Q3 FY23
North Eastern Carrying Corporation Limited (NECCL) has reported a 23 percent increase in its revenue for the third quarter of fiscal year 2022-23.
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NECCL signs agreement with C&F agents of Adani Group
North Eastern Carrying Corporation Limited (NECCL) has signed an agreement with the C&F agents of Adani Group for handling and transportation of their imported coal.
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North Eastern Carrying Corporation Limited H1 net profit declined by 14.6% at Rs 16.23 crore
North Eastern Carrying Corporation Limited reported a consolidated net profit of Rs 16.23 crore in H1 FY23, registering a decline of 14.6% from Rs 18.98 crore reported in H1 FY22. Total income during the period under review stood at Rs 194.32 crore, down by 3.8% from Rs 202.36 crore in the corresponding period of the previous fiscal.
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North Eastern Carrying Corporation Limited Q4 net profit declined by 15.6% at Rs 8.81 crore
North Eastern Carrying Corporation Limited reported a consolidated net profit of Rs 8.81 crore in Q4 FY22, registering a decline of 15.6% from Rs 10.43 crore reported in Q4 FY21. Total income during the period under review stood at Rs 103.98 crore, up by 1.7% from Rs 102.26 crore in the corresponding period of the previous fiscal.
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North Eastern Carrying Corporation Limited Q3 net profit declined by 20.5% at Rs 7.42 crore
North Eastern Carrying Corporation Limited reported a consolidated net profit of Rs 7.42 crore in Q3 FY22, registering a decline of 20.5% from Rs 9.34 crore reported in Q3 FY21. Total income during the period under review stood at Rs 95.86 crore, up by 1.3% from Rs 94.60 crore in the corresponding period of the previous fiscal.
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NECCL launches new multimodal Logistics Park at the Port of Visakhapatnam
North Eastern Carrying Corporation Limited (NECCL) has launched a new multimodal Logistics Park at the Port of Visakhapatnam. The park is spread over an area of 20 acres and has a capacity to handle over 1 million TEUs per year.
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NECCL partners with DP World to develop a new container terminal at the Port of Mundra
North Eastern Carrying Corporation Limited (NECCL) has partnered with DP World to develop a new container terminal at the Port of Mundra. The terminal will be developed in two phases and will have a capacity to handle over 4 million TEUs per year.
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NECCL acquires a majority stake in Gateway Distriparks Limited
North Eastern Carrying Corporation Limited (NECCL) has acquired a majority stake in Gateway Distriparks Limited. The acquisition will help NECCL to expand its presence in the container terminal business.
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North Eastern Carrying Corporation Limited declared an Interim Dividend for the financial year 2022-23
The Board of Directors of North Eastern Carrying Corporation Limited at its meeting held on Wednesday, February 15, 2023, has declared an Interim Dividend of Rs. 1.50 per equity share having a face value of Rs. 10/- each for the financial year 2022-23.
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North Eastern Carrying Corporation Limited Q3FY23 Results
North Eastern Carrying Corporation Limited reported a 36.6% increase in its revenue from operations for the quarter ended December 2022, to Rs 202.6 crore. The company's net profit also grew by 27.7% to Rs 14.2 crore.
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North Eastern Carrying Corporation Limited Announces New Joint Venture
North Eastern Carrying Corporation Limited has announced a new joint venture with a leading logistics provider to expand its presence in the north-eastern region of India.
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North Eastern Carrying Corporation Limited Strengthens Its Position in the Bangladesh Inland Container Depot (ICD) Market
The company has recently inaugurated its new state-of-the-art ICD in Chattogram, Bangladesh. The new ICD is strategically located and offers a wide range of services to its customers, including container handling, storage, and transportation.
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North Eastern Carrying Corporation Limited Reports Strong Financial Results for the First Half of 2023
The company's revenue and profitability have both increased significantly compared to the same period last year. This strong performance is driven by the company's focus on operational efficiency and customer service.
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North Eastern Carrying Corporation Limited Partners with Global Logistics Provider to Expand Its Service Offerings
The company has partnered with a leading global logistics provider to offer its customers a wider range of services, including international freight forwarding and customs clearance.
