Shipping Corp. FY10 net plunges to 3,769 mn

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 May 2010

Shipping Corporation of India (SCI) has announced the following results for the quarter & year ended Mar. 31, 2010. The company has posted a net profit of Rs 3,769.10 million for the year ended Mar. 31, 2010 as compared to Rs 9,406.70 million for the year ended Mar. 31, 2009.
Total income has decreased from Rs 45,618.30 million for the year ended Mar. 31, 2009 to Rs 39,026.90 million for the year ended Mar. 31, 2010.
The company has posted a net profit of Rs 1,358.50 million for the quarter ended Mar. 31, 2010 as compared to Rs 2,007.60 million for the quarter ended Mar. 31, 2009.
Total income has decreased from Rs 10,995.90 million for the quarter ended Mar. 31, 2009 to Rs 10,057.80 million for the quarter ended Mar. 31, 2010.

Source: MyIris