Shipping Corporation of India Ltd's Q4FY25 Quarter Results
- 17 May 2025
Result Summary
- Shipping Corporation of India Ltd reported a 11.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.0%.
- Its expenses for the quarter were up by 0.7% QoQ and 7.3% YoY.
- The net profit increased 306.9% QoQ and decreased 19.1% YoY.
- The earnings per share (EPS) of Shipping Corporation of India Ltd stood at 6.6 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1510.08 | 1350.13 | 1452.42 | 11.8% | 4.0% |
Total Expenses | 1286.54 | 1277.31 | 1199.01 | 0.7% | 7.3% |
Profit Before Tax | 223.54 | 72.82 | 253.41 | 207.0% | -11.8% |
Tax | -68.23 | 8.21 | -106.27 | -931.1% | -35.8% |
Profit After Tax | 307.28 | 75.52 | 379.91 | 306.9% | -19.1% |
Earnings Per Share | 6.60 | 1.60 | 8.20 | 312.5% | -19.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shipping Corporation of India Ltd is a prominent player in the maritime transport industry, primarily engaged in the shipping of goods and passengers. Established as a public sector company, it has a significant presence in various shipping sectors, including bulk carriers, tankers, and offshore services. The company plays a crucial role in supporting India's trade and commerce, facilitating the movement of goods across international waters. Shipping Corporation of India Ltd is known for its comprehensive fleet management and logistics services, catering to both domestic and international clients. Recent developments in the company could include fleet expansion, strategic partnerships, or technological advancements to enhance operational efficiency, although specific details are not available in this context.
Revenue
For the fourth quarter of the fiscal year 2025, Shipping Corporation of India Ltd reported a total income of ₹1510.08 crores. This represents a quarter-over-quarter increase of 11.8% from ₹1350.13 crores in Q3FY25 and a year-over-year increase of 4.0% from ₹1452.42 crores in Q4FY24. The positive quarterly growth in total income indicates an upward trend in the revenue generated during this period. This growth suggests the company's ability to increase its earnings over the last quarter. The year-over-year growth, albeit modest, reflects a consistent revenue performance compared to the same quarter in the previous fiscal year.
Profitability
The company's profitability metrics show notable fluctuations. In Q4FY25, the profit before tax was reported at ₹223.54 crores, marking a substantial quarter-over-quarter increase of 207.0% from ₹72.82 crores in Q3FY25. However, this figure indicates a year-over-year decrease of 11.8% from ₹253.41 crores in Q4FY24. The tax component exhibited a remarkable change, with a reversal from a tax liability of ₹8.21 crores in Q3FY25 to a tax credit of ₹68.23 crores in Q4FY25. Consequently, the profit after tax surged to ₹307.28 crores in Q4FY25, showing a significant quarter-over-quarter increase of 306.9% and a year-over-year decline of 19.1%. Earnings per share followed a similar pattern, rising to ₹6.60 in Q4FY25, up from ₹1.60 in Q3FY25, but down from ₹8.20 in Q4FY24.
Operating Metrics
The total expenses for Q4FY25 amounted to ₹1286.54 crores, reflecting a slight quarter-over-quarter increase of 0.7% from ₹1277.31 crores in the previous quarter. On a year-over-year basis, total expenses rose by 7.3% from ₹1199.01 crores in Q4FY24. The company's operating metrics indicate a controlled expense management in the short term but a noticeable rise over the year. The significant increases in profit before tax and profit after tax on a quarter-over-quarter basis suggest strategic financial adjustments or operational improvements, resulting in enhanced profitability despite the rise in expenses. The earnings per share metric also experienced a substantial quarterly increase, aligning with the higher profitability figures reported for Q4FY25.