Shipping Corporation of India Ltd. is set to announce its financial results for the fourth quarter and the financial year ended March 31, 2025, later this week.
The state-owned shipping company confirmed the date for the release of its financial reports in a filing to the stock exchanges last week.
Operating under the Ministry of Ports, Shipping and Waterways, Shipping Corporation of India Ltd. is the country’s largest shipping company.
Shipping Corporation Of India Q4 Results: Date And Dividend
Shipping Corporation of India Ltd. has announced that its Board of Directors will meet on Friday, May 16, to review and approve the audited standalone and consolidated financial results for the quarter and full financial year ended March 31, 2025.
In addition to the earnings review, the Board will also consider the recommendation of the final dividend on equity shares for FY 2024–25, if any. The disclosure was made in compliance with Regulation 29 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015.
Shipping Corporation Of India Q4 Results: Trading Window Closure
Shipping Corporation of India Ltd. also informed that, in accordance with its Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in the company’s securities has been closed from April 1. The window will remain shut until 48 hours after the announcement of the financial results for the quarter and financial year ended March 2025.
Shipping Corporation Of India Q3 Results
The state-owned company reported a 43.8% year-on-year decline in consolidated net profit to Rs 75.52 crore for the third quarter ended December 2024, compared to Rs 134.35 crore in the same period of the preceding financial year. Revenue from operations also saw a marginal decline, falling to Rs 1,315.6 crore in Q3 FY25, compared to Rs 1,340.68 crore in Q3 FY24.
Shipping Corporation Of India Share Price History
In the last five sessions, shares of Shipping Corporation of India Ltd. have gained 11.82%, while rising 2.36% in the past month. However, the stock has declined 14.99% in the past six months and nearly 21% in the last one year. On a year-to-date basis, the stock has declined by 15.96%.
The PSU stock hit a 52-week high of Rs 384.2 apiece on the NSE on July 12, 2024, and a 52-week low of Rs 138.26 apiece on March 3, 2025.
Shipping Corporation Of India shares were trading 1.26% higher at Rs 177.74 on the NSE as of 9:48 a.m. on Thursday. This compares to a 0.48% drop in the benchmark Nifty 50.
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