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Shipping Corporation of India consolidated net profit declines 48.82% in the September 2022 quarter

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Capital Market

Sales rise 16.30% to Rs 1420.40 crore

Net profit of Shipping Corporation of India declined 48.82% to Rs 124.38 crore in the quarter ended September 2022 as against Rs 243.01 crore during the previous quarter ended September 2021. Sales rose 16.30% to Rs 1420.40 crore in the quarter ended September 2022 as against Rs 1221.31 crore during the previous quarter ended September 2021. ParticularsQuarter EndedSep. 2022Sep. 2021% Var.Sales1420.401221.31 16 OPM %22.6732.67 -PBDT326.96409.47 -20 PBT136.49248.02 -45 NP124.38243.01 -49

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First Published: Nov 05 2022 | 8:02 AM IST

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