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Shipping Corporation of India Ltd Q1FY24; 56% rise in Profits

Shipping Corporation of India is engaged involved in business of transporting goods and passengers.

Financial Results:

Shipping Corporation of India Ltd reported Revenues for Q1FY24 of ₹1,200.00 Crores down from ₹1,462.00 Crore year on year, a fall of 17.92%.

Total Expenses for Q1FY24 of ₹1,069.00 Crores down from ₹1,385.00 Crores year on year, a fall of 22.82%.

Consolidated Net Profit of ₹147.00 Crores up 56.38% from ₹94.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.16, up 57.21% from ₹2.01 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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