Revenue from operations
increased 40% year-on-year to ₹1,847 crore, up from ₹1,316 crore a year
earlier. Operating performance
strengthened even further. EBITDA rose 80% to ₹882 crore from ₹489 crore in the
year-ago quarter, while EBITDA margin expanded to 47.8% from 37.2%. The June-quarter results reflected
broad-based improvement across SCI’s operations, with operating earnings
growing at a faster pace than revenue.
In simple terms, the company not only generated more business but also earned significantly
more from every rupee of revenue than it did a year ago. The expansion in EBITDA margin indicates
improved operating efficiency and stronger profitability during the quarter. Why this matters:
Margin expansion is an important indicator for shipping companies because it
suggests they are retaining a larger share of revenue as operating profit. This
can result from better freight rates, improved fleet utilisation, lower costs
or a favourable business mix. Revenue increased by more than ₹530 crore
year-on-year, while EBITDA rose by nearly ₹393 crore, highlighting the strength
of the company’s operational performance.
Net profit climbed by around ₹265 crore, reflecting healthy growth in
the bottom line alongside higher operating earnings. The results indicate that SCI benefited
from stronger business activity during the quarter while maintaining financial
discipline. In a post on X after
announcing the results, the company said the June-quarter performance reflected
“operational excellence and financial discipline” and had set the tone for a
resilient financial year. SCI added that it remains focused
on creating sustained value for shareholders as it continues to strengthen its
business. Shipping Corporation of India Ltd. reported a strong performance for
the first quarter, with consolidated net profit rising 74.9% year-on-year to Rs
619 crore from Rs 354 crore. Revenue increased 40.3% to Rs 1,847 crore, while
EBITDA surged 80.2% to Rs 883 crore.
The company’s operating margin
expanded sharply to 47.8%, compared with 37.2% in the year-ago period,
reflecting stronger operational performance.