Disinvestment-bound Shipping Corporation of India Ltd (SCI) on Friday reported a 48.81 per cent decline in its consolidated internet revenue to Rs 124 crore for the second quarter ended September 30, 2022.
The transport firm had reported a internet revenue of Rs 243 crore within the corresponding quarter of the earlier fiscal, it mentioned in a regulatory submitting to the BSE.
SCI’s whole earnings rose to Rs 1,458 crore in the course of the quarter beneath overview from Rs 1,296 crore within the year-ago interval.
Complete bills additionally elevated to Rs 1,336 crore from Rs 997 crore earlier.
SCI mentioned the shareholders of the corporate have accredited dividend of Rs 0.33 per fairness share of face worth Rs 10 every.
It mentioned the proposed strategic disinvestment of SCI is being dealt with by the Division of Funding and Public Asset Administration (DIPAM) with the engagement of obligatory advisors.
SCI is the biggest Indian transport firm and the one Indian agency engaged in transportation of LNG.
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