CCFCL's September quarter results showed declining income and profits: CCFCL saw net income decline 10.67% for Q2 of FY17 compared to the same quarter the previous year, to Rs. 31.11 lakh. The net profit for the company for the quarter was down by more than half compared to last year's quarter, Rs. 87,997.
Shareholding data for December showed that company promoters have begun paring down their shares in the company, with promoter holding down 1% between September and December from 22.5% to 21.5%.