Shipping Corpn. Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Latest quarter shows a strong revenue recovery with ₹1,450.76 crore, higher than previous quarter ₹1,412.54 crore.
Net profit rebounded to ₹291.44 crore, maintaining solid profitability despite past fluctuations.
Operating profit margin improved significantly in the last quarter, signaling operational efficiency.

NEGATIVES

Revenue dipped to ₹1,093.20 crore in Q3 2023, reflecting seasonal challenges compared to ₹1,200.11 crore in Q2 2023.
Net profit fell sharply to ₹65.73 crore in Q3 2023, down from ₹171.61 crore in Q2 2023.
High depreciation costs remain a concern, impacting profit before tax adversely in several quarters.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	1,418.14	1,200.11	1,093.20	1,340.68	1,412.54	1,514.27	1,450.76	1,315.60	1,325.19	1,316.04
Expenses	953.62	837.16	857.53	923.76	1,005.41	1,004.62	918.13	958.25	960.55	827.05
Operating Profit	464.52	362.95	235.67	416.92	407.13	509.65	532.63	357.35	364.64	488.99
Other Income	34.28	26.96	68.69	22.34	97.54	44.17	40.47	34.53	75.36	146.35
Interest	49.57	35.46	55.65	39.75	40.45	40.40	43.20	63.92	38.81	30.52
Depreciation	195.82	197.35	200.31	251.05	240.68	219.70	233.78	255.14	242.69	249.65
Profit Before Tax	273.64	181.53	73.73	150.99	239.05	298.30	298.42	83.73	171.34	366.27
Tax	-106.27	9.92	8	16.64	-68.23	6.82	6.98	8.21	-13.80	12.10
Net Profit	379.91	171.61	65.73	134.35	307.28	291.48	291.44	75.52	185.14	354.17
Eps in Rs	8.16	3.68	1.41	2.88	6.60	6.26	6.26	1.62	3.97	7.60