Shipping Corporation of India (SCI) has reported results for third quarter ended December 31, 2014.
The company has reported a net profit at Rs 31.35 crore for the quarter under review as compared to a net loss of Rs 65.67 crore for the same quarter in the previous year. However, total income of the company has decreased 2.93% at Rs 1126.13 crore for Q3FY15 as compared Rs 1160.11 crore for the corresponding quarter previous year.
SCI is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.