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Bloomberg Quint

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Image Credit: Bloomberg Quint

Shipping Corp Q4 Results: Profit Drops 40%, Margin Shrinks

  • Shipping Corp reported a 40% drop in consolidated net profit to Rs 185 crore in Q4 of fiscal year 2025.
  • Revenue decreased by 6.2% to Rs 1,325 crore, Ebitda down by 10% to Rs 364.6 crore, and margin narrowed to 27.5%.
  • The board recommended a dividend of Rs 6.59 per equity share for fiscal 2025, pending shareholder approval at the AGM.
  • Shipping Corp's stock price closed 9.28% higher at Rs 188.77 apiece on the NSE before the results were announced.

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