Shipping Corporation Of India Limited. Q4 results show revenue fell from 1521.28 to 1452.42 crores, a 4.53% decrease in growth. EPS also rises from ₹5.72 to ₹8.15, up by 42.48%.
Let’s start with quarter and quarter bases first:
Shipping Corporation Of India shared its Q4 results on Monday. They earned 1452.42 crores in revenue this quarter, but that’s less than the 1521.28 crores they made last quarter. Unfortunately, the company’s growth decreased by 4.53 percent when comparing the two quarters.
In terms of profits, the Shipping Corporation Of India’s PAT (Profit After Tax) for this quarter was 379.91 crores, up from 266.63 crores in the previous quarter. Their quarter-to-quarter growth inclined by 42.49 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹8.15, which is an increase of 42.48% from the ₹5.72 EPS in the previous quarter.
Also read: ☞ ” Lupin Q4FY23 Results: Consolidated PAT Rises to Rs 235.96 Cr “
Now let’s discuss the results on a year-on-year basis:
The company made a total revenue of 5907.21 crores this year (2023), which is 16.13 percent higher than last year’s total revenue of 5086.63 crores.
This year’s PAT (Profit After Tax) is 870.16 crores, which is also 1.12% higher than last year’s PAT of 860.54 crores.
The EPS (Earnings Per Share) for this year is ₹18.68, which is 1.14% more than the EPS of ₹18.47 earned last year.
The company earns the most revenue from its retail and telecom segments, which are its two major revenue sources.
Shipping Corporation Of India Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹0.44 per Equity Share of Face Value of ₹10 each of the Company (4.40% of Face Value). Total Dividend for FY23 stood at ₹0.33 per Equity Share (Interim Dividend of ₹10 per Equity Share)
|₹0.44 per Equity Share||Coming Soon|
Dividend’s record date has not yet come
About Shipping Corporation Of India:
Headquartered in Mumbai, The Shipping Corporation of India is a government-owned Public Sector Undertaking responsible for operating and managing vessels that cater to both national and international shipping routes. The company falls under the ownership of the Ministry of Ports, Shipping, and Waterways of the Indian government.
Download Full PDF Q4 Results of Shipping Corporation Of India: Click Here
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