Shipping Corporation of India Q3 net profit falls 44% to Rs 75.52 crore

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State-owned Shipping Corporation of India (SCI) connected Friday reported a 43.78 per cent autumn successful its nett net to Rs 75.52 crore successful the 3rd 4th ended December 2024.

The institution had clocked a nett of Rs 134.35 crore successful the corresponding 4th a twelvemonth ago, SCI said successful a regulatory filing.

Its full income from operations successful the December 2024 4th declined to Rs 1,350.13 crore against Rs 1,363.02 crore successful the year-ago period.

The firm's full expenses accrued to Rs 1,277.31 crore compared to Rs 1,214.56 crore a twelvemonth ago.

Under the Ministry of Ports, Shipping and Waterways, SCI is the largest shipping institution successful India.

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