Shipping Corporation of India reports around 3 fold jump in Q4 net profit

24 May 2018 Evaluate

Shipping Corporation of India has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of around 3 fold in its net profit at Rs 254.47 crore for the quarter ended March 31, 2018 as compared to Rs 92.92 crore for the same quarter in the previous year. Total income of the company has increased marginally by 0.5% at Rs 953.25 crore for quarter under review as compared to Rs 948.49 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 78.35% in its net profit at Rs 253.75 crore as compared to Rs 142.28 crore for the same period in the previous year. Total income of company increased marginally by 0.70% at Rs 3617.47 crore for year under review as compared to Rs 3592.58 crore for the period ended March 31, 2017.

Shipping Corpn. Share Price

210.00 1.00 (0.48%)
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Company Name CMP
Shipping Corpn. 210.00
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