Shipping Corp. of India reported a 69.2% growth in its net profit on a yearly basis for the first quarter of the financial year 2025.
The shipping company reported a bottom line of Rs 291 crore in the quarter-ended June, as compared with Rs 172 crore in the same quarter of the previous fiscal, according to its stock exchange notification.
The company's revenue grew 26.2% year-on-year at Rs 1,514 crore, as compared to Rs 1,200 crore in the same quarter of the previous fiscal.
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Operating income, or earnings before interest and tax depreciation and amortisation, grew 40.6% on a yearly basis to Rs 509 crore, while the Ebitda margin expanded to 33.6% from 30.2% in the corresponding quarter of the last fiscal.
Shares of the company fell by 0.29% to close at Rs 257.35 apiece on the BSE, as compared to a 1.04% advance in the benchmark Sensex.
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