June21 , 2026

    Shipping Corporation of India consolidated net profit declines 19.12% in the March 2024 quarter

    Related

    Iran Introduces Mandatory Insurance for Vessels Transiting Strait of Hormuz

    Iran has introduced a mandatory insurance requirement for all...

    MMD Visakhapatnam to Conduct MEO Class II and ETO Examinations from July 2026

    In a significant move to enhance accessibility and streamline...

    Share

    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.

    spot_img