Shipping Corporation of India has reported result for the fourth quarter and year ended March 31, 2015.
The company has posted over seven fold jump in its net profit at Rs 101.49 crore for the quarter ended March 31, 2015 as compared to Rs 13.24 crore for the same quarter in the previous year. However, total income of the company has decreased by 15.06 % at Rs 1111.2 crore for quarter under review as compared to Rs 1308.27 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the company has posted a net profit of Rs 200.93 crore against net loss of Rs 274.66 crore for the year ended March 31, 2014.Total income of the company has increased by 1.07% at Rs 4587.62 crore for year under review as compared to Rs 4538.99 crore for the period ended March 31, 2014.
