Shipping Corporation of India reports 28% fall in Q1 consolidated net profit

08 Aug 2022 Evaluate

Shipping Corporation of India has reported results for first quarter ended June 30, 2022.

The company has reported 32.36% fall in its net profit at Rs 98.57 crore for the quarter under review as compared to Rs 145.73 crore for the same quarter in the previous year. However, total income of the company increased by 43.11% at Rs 1500.43 crore for Q1FY23 as compared Rs 1048.46 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 27.97% in its net profit at Rs 114.17 crore for the quarter under review as compared to Rs 158.51 crore for the same quarter in the previous year. However, total income of the company increased by 43.13% at Rs 1500.63 crore for Q1FY23 as compared Rs 1048.47 crore for the corresponding quarter previous year.

Shipping Corpn. Share Price

210.00 1.00 (0.48%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 210.00
GE Shipping 968.85
Dredging Corp 849.00
Seamec 1115.80
Transworld Shipping 420.80
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