Shipping Corporation Of India’s Profit Rises 136.8% To INR 311.5 Crore

Disinvestment-oriented Shipping Corporation of India on Monday declared a 136.78% rise in consolidated profit to Rs 311.54 crore. This was for the quarter that ended on 31 December last year.

The enterprise had posted a consolidated profit of Rs 131.57 crore during the corresponding quarter of the preceding financial year.

India port
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Its cumulative income from October to December 2021 rose to Rs 1,456.23 crore from Rs 872.82 crore during the year-ago period, the filing mentioned.

The consolidated expenses rose from Rs 765.42 crore to Rs 1,141.87 crore a year ago.

Reference: indiatimes.com

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