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Shipping Corp narrows loss to Rs 41 cr in Jul-Sept

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Press Trust of India New Delhi

The Shipping Corporation of India on Wednesday reported narrowing of consolidated loss to Rs 40.91 crore for the quarter ended on September 30, 2019.

The company had posted a consolidated loss of Rs 124.51 crore in the year-ago period, according to a BSE filing.

Consolidated total income of the company in the July-September quarter marginally increased to Rs 1,064.28 crore from Rs 1,052.11 crore in the year-ago period.

The shipping company has substantial interests in various segments of the shipping trade.

SCI's owned fleet includes bulk carriers, crude oil tankers, product tankers, container vessels, passenger-cum-cargo vessels, phosphoric acid/chemical carriers, LPG / ammonia carriers and offshore supply vessels.

 

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First Published: Nov 06 2019 | 7:15 PM IST

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