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Shipping Corp December quarter profit drops 55% to Rs 132 crore

The company had posted a consolidated profit of Rs 295.24 crore in the corresponding quarter of previous fiscal, Shipping Corporation of India said in a filing to BSE.

February 05, 2021 / 09:29 PM IST
 
 
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The Shipping Corporation of India on Friday reported a 55.4 per cent decline in consolidated profit at Rs 131.57 crore for the quarter ended December 31, 2020.

The company had posted a consolidated profit of Rs 295.24 crore in the corresponding quarter of previous fiscal, Shipping Corporation of India said in a filing to BSE.

The consolidated income of the company dropped to Rs 872.82 crore in the quarter under review from Rs 1,275.48 crore earlier, the filing said.
PTI
first published: Feb 5, 2021 09:30 pm

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