Net profit of Shipping Corporation of India declined 19.12% to Rs 307.28 crore in the quarter ended March 2024 as against Rs 379.91 crore during the previous quarter ended March 2023. Sales declined 0.39% to Rs 1412.54 crore in the quarter ended March 2024 as against Rs 1418.14 crore during the previous quarter ended March 2023.
For the full year,net profit declined 21.97% to Rs 678.97 crore in the year ended March 2024 as against Rs 870.16 crore during the previous year ended March 2023. Sales declined 12.90% to Rs 5046.53 crore in the year ended March 2024 as against Rs 5794.01 crore during the previous year ended March 2023.