Shipping Corporation of India (SCI) has reported results for second quarter ended September 30, 2016.
The company has reported a net loss of Rs 20 crore for the quarter under review as compared to a net profit of Rs 161.83 crore for the same quarter in the previous year. Total income of the company decreased by 29.58% at Rs 805.77 crore for the quarter under review as compared Rs 1144.30 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.
