The Shipping Corporation of India (SCI) Q1 24/25 earnings summary

Executive summary

• Unaudited consolidated and standalone financial results for the quarter ended 30.06.2024 were reviewed and approved by the Board and Audit Committee, with auditors issuing unmodified review reports.

Financial highlights

• Consolidated revenue from operations for Q1 FY25 was ₹151,427 lakhs, up from ₹120,011 lakhs in Q1 FY24.

• Consolidated profit before tax for Q1 FY25 was ₹29,830 lakhs, compared to ₹18,153 lakhs in Q1 FY24.

• Standalone profit before tax for Q1 FY25 was ₹29,374 lakhs, up from ₹15,734 lakhs in Q1 FY24.

• Basic EPS (consolidated) for Q1 FY25 was ₹6.26, compared to ₹3.68 in Q1 FY24.

Outlook and guidance

• The company continues to pursue strategic disinvestment, with the process managed by DIPAM and due diligence ongoing.