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Shipping Corporation???s Q1 net profit surges by 60%

Shipping Corporation of India has reported results for the quarter ended June 30, 2010.

The company???s net profit has surged by 59.68% to Rs 191.49 crore for the quarter ended June 30, 2010 as compared to Rs 119.92 crore for the quarter ended June 30, 2009. Its total income for the quarter under review has marginally up by 0.72% to Rs 1,007.72 crore as against Rs 1,000.50 crore for the previous year???s corresponding quarter.

SCI is the only Indian shipping company operating break-bulk service, international container service, liquid/dry bulk service, offshore service, passenger service, in addition to manning/managing a large number of vessels on behalf of various government departments and organizations.

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This entry was posted on Friday, July 30th, 2010 at 1:13 pm and is filed under Company - News, Shipping, Shipping Corporation of India. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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