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Home > All news > Report & Analysis, Shipping > SCI reports jump in profit to Rs 291.44 crore in Q2

SCI disinvestment: Due diligence underway, says Finance Ministry

SCI reports jump in profit to Rs 291.44 crore in Q2

November 9, 2024

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State-run Shipping Corporation of India Ltd (SCI)

Mumbai - Disinvestment-bound Shipping Corporation of India Ltd (SCI) reported a multi-fold rise in its consolidated net profit to Rs 291.44 crore for the second quarter ended September 2024.

The shipping company had reported a net profit of Rs 65.73 crore in the corresponding quarter of the previous fiscal, it said in a BSE filing.

SCI’s total income rose to Rs 1,491.23 crore during the quarter under review from Rs 1,161.89 crore in the year-ago period.

Total expenses also increased to Rs 1,195 . . .

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