Shipping Corporation of India Ltd Q2FY24; 63% fall 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 Q2FY24 of ₹1,093.00 Crores down from ₹1,420.00 Crore year on year, a fall of 23.03%.

Total Expenses for Q2FY24 of ₹1,113.00 Crores down from ₹1,335.00 Crores year on year, a fall of 16.63%.

Consolidated Net Profit of ₹41.00 Crores down 63.06% from ₹111.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.87, down 63.45% from ₹2.38 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.