The agreement was formalized on July 8, 2026, at the GAIL office in New Delhi by Shri Mani Bhushan Singh, GGM (Projects & Services) CONCOR, and Shri Hitendra Kumar Garg, ED (Marketing) GAIL, in the presence of senior officials from both public sector enterprises.

For the final quarter (Q4 FY26), standalone revenue from operations concluded at Rs.2,256.84 crore against Rs.2,281.37 crore recorded in the matching quarter of the previous fiscal period. Standalone net profit for the quarter leveled at Rs.258.23 crore, down from Rs.302.14 crore year-on-year, primarily due to localized supply chain re-alignments and competitive margin variations. Quarter-end Profit Before Tax (PBT) reached Rs.339.98 crore, which translated into an individual quarterly Earnings Per Share (EPS) of Rs.3.39 on a face value of Rs.5 per share.

On an annual cumulative basis, CONCOR’s full-year performance showcased top-line stability, with standalone operational revenue rising by 2.2% to achieve Rs.9,059.45 crore. Full-year standalone net profit tracked at Rs.1,221.81 crore, bringing the annual consolidated net profit to Rs.1,245.74 crore over a total consolidated revenue pool of Rs.9,078.97 crore. Representing significant structural strength, the corporation’s year-end net worth climbed to Rs.12,942.35 crore out of a commanding Rs.15,175.66 crore total asset infrastructure base.

The initiative underscores CONCOR’s growing capabilities as an integrated logistics service provider and reflects its strategic focus on global connectivity and customer-centric solutions. Powered by CONCOR’s unified digital platform, the new system enables seamless online creation of Bills of Lading along with end-to-end cargo visibility, enhancing transparency, efficiency and ease of doing business for exporters. This development is expected to further strengthen CONCOR’s presence in international logistics and support India’s expanding foreign trade.

Shri Sanjay Swarup emphasized that the launch reinforces CONCOR’s commitment to modernizing supply chain operations and expanding its presence in international markets.

During the session, the CMD Shri Sanjay Swarup outlined several new initiatives aimed at enhancing operational efficiency and service quality, such as the induction of additional reach stackers including electric RSTs, provision of additional rail lines, and the introduction of AI-enabled terminal operations and documentation systems. The session was well received by the stakeholders, who appreciated CONCOR’s proactive measures and also shared valuable suggestions for further improvement. The event concluded with the presentation of awards to top-performing stakeholders for FY 2024–25, recognizing their contribution and partnership with CONCOR.

In his address, Shri Swarup outlined CONCOR’s strategic roadmap for building a sustainable, technology-driven and customer-centric logistics network across the country. He highlighted CONCOR’s extensive operational footprint, covering around 200 locations, including 66 terminals, supported by world-class logistics facilities, multi-type warehouses and modern cold storage infrastructure.

Showcasing the company’s robust asset base, he shared that CONCOR currently operates more than 400 rakes, with a clear plan to expand the fleet to 500 rakes by 2030. The container fleet is also set for significant augmentation, from 56,000 units to 70,000 units over the next three years. CONCOR’s growing presence along the Dedicated Freight Corridors, with four terminals already operational, is further boosting efficient and faster cargo movement.

Emphasising sustainability, Shri Swarup highlighted the deployment of LNG-powered trailers for cleaner first- and last-mile connectivity, supported by the country’s first LNG station at Khatuwas and an upcoming second station at Dadri. The company is also adopting Electric Vehicles and Electric Reach Stackers to progressively reduce carbon emissions across operations.

He also outlined CONCOR’s partnership-led initiatives with Indian Railways, including the development of the Integrated Logistics Hub at Sonik, aimed at enabling seamless multimodal logistics solutions.

Reaffirming the organisation’s commitment, Shri Swarup said that CONCOR will continue to drive sustainable, technology-enabled and customer-oriented logistics transformation to support India’s growing trade and economic ambitions.

The event was graced by Shri Sanjay Swarup, Chairman and Managing Director of CONCOR, and Mr. Saadi Al Rais, Chairman of RHS Group, along with Directors and senior officials from both organizations. This strategic collaboration brings together CONCOR’s vast experience in inland logistics, terminal operations, and supply chain solutions with RHS Group’s strong global presence in shipping, freight forwarding, and maritime services.

This MoU marks a significant step toward creating synergies that will contribute to the growth of global trade and position both organizations as key players in the evolving logistics and shipping landscape. On this occasion, CMD CONCOR Shri Swarup mentioned that this MoU facilitates achieving our aim to provide seamless end to end Logistics solutions for the customers beyond Indian territory.