Shipping Corporation of India Q4 Results: Net Profit for quarter is at Rs 18,514 lakhs, declares dividend of Rs 6.59/- share
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Shipping Corporation of India has announced its audited quarterly results of financial year 2024-25. The Revenue from operations in fourth quarter is at Rs 1,32,519 lakhs and for FY 25 it is at Rs 5,60,583 lakhs.
Total income stood at Rs 1,40,055 lakhs. Meanwhile Net Profit for the quarter is at Rs 18, 514 lakhs. In terms of Segment Revenue including Liner, Bulk Carrier, Tanker and Technical & Offshore, the amount stood at Rs 1,37,099 lakhs for Q4.
The Board has recommended a dividend of Rs 6.59/- equity share of face value of Rs 10 each i.e. 65.90 percent per share, subject to the approval of the shareholders at the annual general meeting.
The said dividend would be paid within 30 days from the date of its approval.
Shares of SCI are trading higher by 9.12 percent at Rs 188.50. The stock has been surging continuously by 10.95 percent from the last five days. The dividend yield is at 0.27 percent.
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