The stock after a weak opening further plunged 7.21 per cent to Rs 58.50 on BSE.
On NSE, shares of the company dropped 7.35 per cent to Rs 58.55.
The state-owned company had posted standalone net profit of Rs 161.8 crore in the July-September quarter of the 2015-16 fiscal, Shipping Corporation of India said in a BSE filing yesterday.
Its total income from operations during the quarter under review also declined to Rs 758.7 crore as against Rs 1,091 crore in the year-ago period.
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