Shipping Corporation of India (SCI) has reported a 40% year-on-year (YoY) decline in its consolidated net profit for the fourth quarter of FY25, falling to ₹185 crore from ₹307 crore in the same period last year.
The company’s revenue from operations also saw a 6.2% YoY decline, dropping to ₹1,325 crore compared to ₹1,412.5 crore in Q4FY24. Additionally, EBITDA fell 10% to ₹364.6 crore, while margins narrowed to 27.5% from 28.8% in the previous year.
Despite the decline in profitability, SCI’s board of directors has recommended a final dividend of ₹6.59 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Shares of SCI closed 9.28% higher at ₹188.77 on the NSE before the results were announced, reflecting investor optimism despite the earnings decline.
The company remains focused on strategic expansion and operational efficiency to navigate market challenges and sustain long-term growth.
