SCI profit jumps to Rs 291.48 crore in June quarter 
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SCI profit jumps to Rs 291.48 crore in June quarter

Shipping Corporation of India (SCI) on Friday reported a 69.85 percent jump in its net profit to Rs 291.48 crore in the June 2024 quarter

PTI

New Delhi: State-owned Shipping Corporation of India (SCI) on Friday reported a 69.85 percent jump in its net profit to Rs 291.48 crore in the June 2024 quarter.

The company had clocked a profit of Rs 171.61 crore in the corresponding quarter a year ago, the company said in a regulatory filing.

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Its total income from operations in the June 2024 quarter rose to Rs 1,558.44 crore against Rs 1,227.07 crore in the year-ago period.

The firm's total expenses increased to Rs 1,264.72 crore compared to Rs 1,069.97 crore a year ago.

Under the Ministry of Ports, Shipping and Waterways, SCI is the largest shipping company in India.

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