SCI reports three fold jump in Q1 net profit

13 Aug 2015

Shipping Corporation of India (SCI) has reported results for first quarter ended June 30, 2015.

The company has reported over three fold jump in its net profit at Rs 163.54 crore for the quarter ended June 30, 2015 as compared to Rs 49.49 crore for the same quarter in the previous year. However, the company’s total income has decreased by 9.16% to Rs 1090.33 crore for the quarter under review, from Rs 1200.33 crore for the corresponding quarter of the 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.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323