Shipping Corporation of India Land and Assets Limited — Board Meeting, 06-05-2025: Outcome of Board Meeting

Shipping Corporation of India Land and Assets Limited has announced a board meeting where it approved the audited standalone financial results for the quarter and year ended March 31, 2025. The company posted a loss of Rs. 189.38 Cr for the year, down from a profit of Rs. 47.49 Cr last year, largely due to deferred tax impacts. Revenue increased to Rs. 103.35 Cr from Rs. 98.94 Cr. The board proposed a dividend of Rs. 0.55 per share, pending shareholder approval. Employee expenses are now classified under other expenses as there are no payroll employees.