📈 #SCI soars 13.69% on stellar Q3 net profit surge of 140% and interim #dividend declaration

Shipping Corporation of India posted a stellar Q3 performance with consolidated net profit rising to ₹405 crore from ₹75.5 crore last year. Revenue climbed to ₹1,620 crore versus ₹1,300 crore. EBITDA doubled to ₹680 crore, lifting margins to 42.08% from 27.16%

Earlier SCI received a favourable order from the Income Tax Appellate Tribunal for FY09-10 concerning sundry receipts & interest income. Following this, SCI received an income tax refund of ₹199.76 Cr (incl. ₹85.75 Cr interest).