In the corresponding quarter, SCI posted a net profit of
₹171.6 crore, the company said in a regulatory filing. The company's revenue
from operations increased 26.2% to ₹1,514.3 crore against ₹1,200.1 crore in the
corresponding period of the preceding fiscal.
At the operating level, EBITDA jumped 40.4% to ₹509.7
crore in the first quarter of this fiscal over ₹363 crore in the year-ago
period. The EBITDA margin stood at 33.7% in the reporting quarter versus 30.3%
in the first quarter of FY24. EBITDA is earnings before interest, tax,
depreciation, and amortisation. The
results came after the close of the market hours. Shares of Shipping
Corporation of India Ltd ended at ₹257.35, down by ₹0.75, or 0.29%, on the BSE