Shipping Corporation of India Ltd Share Price – NSE  / BSE

Shipping, Small Cap

Revenue from operations declined 6.18% YoY to Rs 1,325.19 crore in the quarter ended 31 March 2025.

Profit before tax (PBT) stood at Rs 171.34 crore in Q4 FY25, down 28.32%, compared to Rs 239.05 crore recorded in Q4 FY24.

Total expenses decreased 3.45% YoY to Rs 1,242.05 crore in Q4 FY25. The cost of service rendered stood at Rs 713.23 crore (down 10.82% YoY), employee benefit expense was at Rs 163.41 crore (up 12.64% YoY) and finance cost stood at Rs 38.81 crore (down 4.05% YoY) during the period under review.

On segmental front, revenue from Liner stood at Rs 238.62 crore (up 32.16% YoY), revenue from bulk carriers stood at Rs 99.89 crore (down 45.85% YoY), revenue from tankers stood at Rs 927.51 crore (down 5.25% YoY) and revenue from technical & offshore stood at Rs 65.05 crore (down 19.21% YoY), during the quarter.

On full year basis, the company's consolidated net profit jumped 24.24% to Rs 843.58 crore on 11.08% increase in revenue from operations to Rs 5,605.83 crore in FY25 over FY24.

Meanwhile, the company?s board has recommended a dividend of Rs 6.59 per equity share, subject to the approval of shareholders at the forthcoming Annual General Meeting (AGM). If approved, the dividend will be paid within 30 days from the date of approval at the AGM.

The Shipping Corporation of India (SCIL) is a national carrier, with the Government of India (GoI) holding 63.75% of the equity as on 31 March 2025. SCIL is the largest Indian shipping company in terms of capacity with a diversified fleet profile. The company is diversified in terms of its business segments, namely, crude oil/product tankers, dry bulk, offshore services, and container operations. The company also has a presence in passenger vessels, chemicals and gas transportation.

The counter declined 1.14% to Rs 186.70 on the BSE.

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Shipping Corporation of India announced that the Board of Directors of the Company at its meeting held on 16 May 2025, inter alia, have recommended the final dividend of Rs 6.59 per equity Share (i.e. 65.9%) , subject to the approval of the shareholders.

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Net profit of Shipping Corporation of India declined 39.75% to Rs 185.14 crore in the quarter ended March 2025 as against Rs 307.28 crore during the previous quarter ended March 2024. Sales declined 6.18% to Rs 1325.19 crore in the quarter ended March 2025 as against Rs 1412.54 crore during the previous quarter ended March 2024.

For the full year,net profit rose 24.24% to Rs 843.58 crore in the year ended March 2025 as against Rs 678.97 crore during the previous year ended March 2024. Sales rose 11.08% to Rs 5605.83 crore in the year ended March 2025 as against Rs 5046.53 crore during the previous year ended March 2024.

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Shipping Corporation of India will hold a meeting of the Board of Directors of the Company on 16 May 2025.

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