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HomeMarketResultsShipping Corp Q2 net dips 49% to Rs 124 cr, expenses rise...

Shipping Corp Q2 net dips 49% to Rs 124 cr, expenses rise to Rs 1,336 cr

Disinvestment-bound 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.

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 is being dealt with by the Division of Funding and Public Asset Administration (DIPAM) with the engagement of obligatory advisors.

is the biggest Indian transport firm and the one Indian agency engaged in transportation of LNG.

(Solely the headline and movie of this report could have been reworked by the Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)

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