ALPHA TRIBE

Shipping Corporation Of India LimitedResults, 07-02-2025: Integrated Filing- Financial

07-02-2025 | 08:42 pm

The Shipping Corporation of India has reported its financial results for the quarter and nine months ended December 31, 2024. Revenue from operations reached ₹1,31,560 crore, while total income stood at ₹1,35,013 crore. The company recorded a profit before tax of ₹8,373 crore, with a net profit of ₹7,552 crore.

The completion of strategic disinvestment processes and the resolution of Performance Related Pay (PRP) guidelines remain critical areas to watch going forward. These factors could influence investor sentiment positively as the company navigates these developments, although the ongoing PRP situation poses potential risks. Overall, the company appears well-positioned amid industry challenges.

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