Seacoast Shipping Services standalone net profit rises 514.75% in the March 2024 quarter

Sales rise 8.24% to Rs 125.02 crore

Net profit of Seacoast Shipping Services rose 514.75% to Rs 7.50 crore in the quarter ended March 2024 as against Rs 1.22 crore during the previous quarter ended March 2023. Sales rose 8.24% to Rs 125.02 crore in the quarter ended March 2024 as against Rs 115.50 crore during the previous quarter ended March 2023.

For the full year,net profit rose 42.09% to Rs 20.29 crore in the year ended March 2024 as against Rs 14.28 crore during the previous year ended March 2023. Sales declined 12.90% to Rs 374.16 crore in the year ended March 2024 as against Rs 429.58 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales125.02115.50 8 374.16429.58 -13 OPM %12.984.99 -9.397.17 - PBDT15.795.20 204 33.1228.80 15 PBT15.795.20 204 33.1128.79 15 NP7.501.22 515 20.2914.28 42

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