TRANSWORLD SHIPPING LINES LIMITED — Board Meeting, 12-02-2025: Outcome of Board Meeting
12-02-2025 | 02:37 pm
12-02-2025 | 02:37 pm
The Board of Transworld Shipping Lines Limited has approved the unaudited financial results for the quarter and nine months ended 31st December 2024. For the quarter, the company reported revenue from operations of ₹117.03 crore and a profit of ₹15.31 crore, while for the nine-month period, revenue reached ₹335.65 crore with a profit of ₹38.41 crore. Additionally, the Board has sanctioned an investment of ₹0.30 crore into its wholly owned subsidiary, Transworld Sea-Connect IFSC Private Limited, increasing the total capital invested in the subsidiary to ₹2 crore. The updated policies regarding fair disclosure and related party transactions were also adopted.
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