Consolidated profit before tax (PBT) jumped 147.6% to Rs 335.86 crore in Q3 FY22 from Rs 135.67 crore in Q3 FY21.
On a standalone basis, net profit soared 181% to Rs 290.31 crore on a 71% rise in net sales to Rs 1,438.23 crore in Q3 FY22 over Q3 FY21.
SCI is the largest Indian shipping company. It owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.
As on 31 December 2021, the Government of India held 63.75% stake while Life Insurance Corporation of India held 6.84% stake in SCI.
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