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Shipping Corporation of India reports standalone net loss of Rs 20.00 crore in the September 2016 quarter

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Capital Market

Sales decline 30.79% to Rs 749.77 crore

Net loss of Shipping Corporation of India reported to Rs 20.00 crore in the quarter ended September 2016 as against net profit of Rs 161.83 crore during the previous quarter ended September 2015. Sales declined 30.79% to Rs 749.77 crore in the quarter ended September 2016 as against Rs 1083.38 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales749.771083.38 -31 OPM %17.7428.30 -PBDT138.22315.83 -56 PBT-2.25180.83 PL NP-20.00161.83 PL

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First Published: Nov 17 2016 | 9:38 AM IST

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