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Shipping Corporation of India consolidated net profit declines 55.44% in the December 2020 quarter

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Sales decline 30.95% to Rs 841.23 crore

Net profit of Shipping Corporation of India declined 55.44% to Rs 131.57 crore in the quarter ended December 2020 as against Rs 295.24 crore during the previous quarter ended December 2019. Sales declined 30.95% to Rs 841.23 crore in the quarter ended December 2020 as against Rs 1218.23 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales841.231218.23 -31 OPM %26.8240.61 -PBDT292.09483.50 -40 PBT135.67313.64 -57 NP131.57295.24 -55

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First Published: Feb 06 2021 | 8:10 AM IST

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