Shipping Corporation Of India Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting

The Board of Directors of The Shipping Corporation of India has announced a board meeting where it considered and approved its unaudited standalone and consolidated financial results for the quarter and nine months ended 31.12.2024. The consolidated revenue from operations for the quarter stood at Rs. 1,31,560 Cr, while total income reached Rs. 1,35,013 Cr. The company reported a profit for the period of Rs. 7,552 Cr. Key expenses included Rs. 75,911 Cr for services rendered and Rs. 16,300 Cr in employee benefits. Overall, the financials suggest positive performance amidst the ongoing strategic disinvestment process and efforts in addressing outstanding issues with regulators.