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Shipping Corp Q1 net profit up at Rs 279.6 cr

Published on Sat, Jul 26, 2008 at 14:55 , Updated at Mon, Jul 28, 2008 at 09:03
Source : CNBC-TV18

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Shipping Corporation of India has announced its first quarter results. The company's Q1 standalone net sales were at Rs 1,061.9 crore versus Rs 885.9 crore.

Its standalone net profit was up at Rs 279.6 crore versus Rs 206.1 crore.

Particulars Jun-08 Mar-08 Dec-07 Sep-07
Net Sales / Interest Earned / Operating Income 1061.91 1056.83 915.27 868.88
Other Income 64.44 120.61 65.85 76.92
Total Income 1126.35 1177.44 981.12 945.8
Expenditure -728.65 -824.45 -687.17 -641.74
Operating Profit 397.7 352.99 293.95 304.06
Interest -12.82 -13.06 -15.46 -16.18
Profit Before Depreciation and Tax 384.88 339.93 278.49 287.88
Depreciation -79.33 -65.69 -93.84 -75.08
Profit before Tax 305.55 274.24 184.65 212.8
Tax -25.95 -25.55 -7.87 -30.49
Net Profit 279.6 248.69 176.78 182.31
Equity Capital 282.3 282.3 282.3 282.3

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