Shipping Corporation of India (SCI) said its
standalone net loss widened to Rs 206 crore during the quarter ended June 30, 2018.
The company had posted Rs 6.72 crore net loss during the same
quarter a year ago, SCI said in a BSE filing.
However, its total income during the said quarter grew
to Rs 915.11 crore from Rs 900.87 crore in April-June 2017.
During April-June 2018, the company’s expenses were at
Rs 1,105.09 crore, higher from Rs 892.59
crore during the same quarter in 2017-18 fiscal.
Shares of the company today closed 1.74 per cent up at
Rs 64.50 on BSE according to media report.
SCI was conferred ‘Navratna’ status by the Government