Shipping Corporation of India (SCI) posted a standalone profit of Rs 92.36 crore for the fourth quarter ended March 2017, a sharp fall of 59 per cent from the year ago period.
The largest domestic ship liner had recorded a net profit of Rs 224.04 crore in the year-ago period.
Total income fell to Rs 948.36 crore from Rs 985.74 crore in the corresponding period of the previous year, the company said in a filing to the BSE.
Its total expenses during the quarter rose to Rs 868.03 crore from Rs 778.56 crore during the same period in the previous fiscal.
Disclaimer: No Business Standard Journalist was involved in creation of this content
