Shipping Corporation of India (SCI) today reported a 19.27 per cent decline in net profit at Rs 200.76 crore for the fourth quarter ended March 31, 2009.

The company had a net profit of Rs 248.69 crore in the March quarter of FY08, Shipping Corporation said in a filing to the Bombay Stock Exchange.

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For the full year ended March 31, 2009, SCI posted a net profit of Rs 940.67 crore against a net profit of Rs 813.90 crore in the last year.

The company's total income increased to Rs 4,561.83 crore in the year ended March 31 from Rs 4,084.36 crore in the previous fiscal.

Shares of the company closed at Rs 127.50, down 0.16 per cent on the BSE.

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