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Shipping Corp's profit jumps 136.8% to Rs 311.5 cr in December quarter

The company had posted a consolidated profit of Rs 131.57 crore in the corresponding quarter of the previous financial year, Shipping Corporation of India said in a filing to the BSE

Imports

(Photo: Bloomberg)

Press Trust of India New Delhi
Disinvestment-bound Shipping Corporation of India on Monday reported a 136.78 per cent jump in consolidated profit to Rs 311.54 crore for the quarter ended December 31, 2021.
The company had posted a consolidated profit of Rs 131.57 crore in the corresponding quarter of the previous financial year, Shipping Corporation of India said in a filing to the BSE.
Its consolidated income during October-December 2021 rose to Rs 1,456.23 crore, from Rs 872.82 crore in the year-ago period, the filing said.
Consolidated expenses also increased to Rs 1,141.87 crore, from Rs 765.42 crore a year ago.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 31 2022 | 7:53 PM IST

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