Shipping Corporation of India consolidated net profit rises 77.43% in the March 2022 quarter

Sales rise 50.16% to Rs 1314.52 crore

Net profit of Shipping Corporation of India rose 77.43% to Rs 152.16 crore in the quarter ended March 2022 as against Rs 85.76 crore during the previous quarter ended March 2021. Sales rose 50.16% to Rs 1314.52 crore in the quarter ended March 2022 as against Rs 875.39 crore during the previous quarter ended March 2021.

For the full year,net profit rose 24.30% to Rs 865.22 crore in the year ended March 2022 as against Rs 696.09 crore during the previous year ended March 2021. Sales rose 34.88% to Rs 4994.93 crore in the year ended March 2022 as against Rs 3703.29 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1314.52875.39 50 4994.933703.29 35 OPM %24.8725.50 -30.5631.27 - PBDT322.46235.74 37 1544.051340.70 15 PBT162.4581.98 98 908.61712.76 27 NP152.1685.76 77 865.22696.09 24

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