The Shipping Corporation of India Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 10,932 million compared to INR 14,174.4 million a year ago. Revenue was INR 11,618.9 million compared to INR 14,430.2 million a year ago. Net income was INR 657.3 million compared to INR 1,143.8 million a year ago. Basic earnings per share from continuing operations was INR 1.41 compared to INR 2.46 a year ago. Diluted earnings per share from continuing operations was INR 1.41 compared to INR 2.46 a year ago.
For the six months, sales was INR 22,933.1 million compared to INR 28,796.4 million a year ago. Revenue was INR 23,889.6 million compared to INR 29,335.1 million a year ago. Net income was INR 2,373.4 million compared to INR 2,236.1 million a year ago. Basic earnings per share from continuing operations was INR 5.1 compared to INR 4.8 a year ago. Diluted earnings per share from continuing operations was INR 5.1 compared to INR 4.8 a year ago.