SCI Profit Soars 69.85% to Rs 291.48 cr in June Quarter
Shipping Corporation of India (SCI) reported a significant jump in its net profit for the June 2024 quarter, reaching Rs 291.48 crore, a 69.85% increase from the previous year.
New Delhi, Aug 9 (PTI) State-owned Shipping Corporation of India (SCI) on Friday reported a 69.85 per cent jump in its net profit to Rs 291.48 crore in the June 2024 quarter.
The company had clocked a profit of Rs 171.61 crore in the corresponding quarter a year ago, the company said in a regulatory filing.
Its total income from operations in the June 2024 quarter rose to Rs 1,558.44 crore against Rs 1,227.07 crore in the year-ago period.
The firm's total expenses increased to Rs 1,264.72 crore compared to Rs 1,069.97 crore a year ago.
Under the Ministry of Ports, Shipping and Waterways, SCI is the largest shipping company in India.
The company had clocked a profit of Rs 171.61 crore in the corresponding quarter a year ago, the company said in a regulatory filing.
Its total income from operations in the June 2024 quarter rose to Rs 1,558.44 crore against Rs 1,227.07 crore in the year-ago period.
The firm's total expenses increased to Rs 1,264.72 crore compared to Rs 1,069.97 crore a year ago.
Under the Ministry of Ports, Shipping and Waterways, SCI is the largest shipping company in India.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.36 ( -2.49)
- 94664837
- AvanceTechnologies
- 1.16 (+ 4.50)
- 34522155
- Sunshine-Capital
- 0.26 ( -3.70)
- 29015901
- Alstone-Textiles
- 0.27 ( -3.57)
- 28695959
- Mehai-Technology
- 1.65 ( -4.62)
- 28262795
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback