ALPHA TRIBE

TRANSWORLD SHIPPING LINES LIMITEDOthers, 25-07-2025: Shareholders meeting

25-07-2025 | 05:41 pm

Transworld Shipping Lines (formerly Shreyas Shipping) announced a strong turnaround for FY25, swinging to a profit of **33.96 Cr** from a **51.02 Cr** loss in the previous year. Revenue surged to **446.27 Cr** from **282.39 Cr**, and EBITDA grew to **163.88 Cr**. The company proposes a **Rs. 1.50/share dividend**, amounting to **3.29 Cr**. This year's profit was impacted by reversing a **6.78 Cr** insurance claim from the prior year, pending final approval. The 37th Annual General Meeting will be held virtually to adopt these financial results and re-appoint directors. A new subsidiary for vessel activities has been established in GIFT City.

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