Shipping Corporation of India Ltd has announced the Audited Consolidated financial results for the year ended March 31, 2016.

The Group has posted a net profit of Rs. 3894.00 million for the quarter ended March 31, 2016 as compared to Rs. 1950.10 million for the quarter ended March 31, 2015. Total Income has decreased from Rs. 47060.50 million for the quarter ended March 31, 2015 to Rs. 44069.20 million for the quarter ended March 31, 2016.

Shares of SHIPPING CORPORATION OF INDIA LTD. was last trading in BSE at Rs.71.95 as compared to the previous close of Rs. 71.3. The total number of shares traded during the day was 92462 in over 1130 trades.

The stock hit an intraday high of Rs. 73 and intraday low of 71.5. The net turnover during the day was Rs. 6671425.

Source: Equity Bulls