Independent journal on economy and transport policy
07:33 GMT+1
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Shipping Corporation of India closes the exercise anniversary 2011-12 in red
the result records the losses generated from the line services
May 30, 2012
In the exercise anniversary 2011-12, that it is finished 31st March, the shipowning group Indian Shipping Corporation of India (SKI) is incurred in a net loss of 4,28 billion rupees (76 million dollars) respect to a profit of clearly 5,67 billion rupees in the exercise anniversary precedence. The revenues have grown of 12.6% attesting itself to 43,09 billion rupees, of which 11,74 billion rupees generated from the services of line (+2.9%) and 29,01 billion rupees from the segment of the bulk transport (+16.8%). The operating result has been negative for 1,44 billion rupees respect to an operating profit of 5,27 billion rupees in exercise 2010-11.
In the exercise anniversary 2011-12 the services of line of the Indian group have generated liabilities before taxes of 3,12 billion rupees respect to a profit before taxes of 0,62 billion rupees in the exercise precedence, while the division Bulk has totaled a profit before taxes of 0,68 billion rupees respect to a profit before taxes of 3,98 billion rupees in exercise 2010-11.
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In the exercise anniversary 2011-12, that it is finished 31st March, the shipowning group Indian Shipping Corporation of India (SKI) is incurred in a net loss of 4,28 billion rupees (76 million dollars) respect to a profit of clearly 5,67 billion rupees in the exercise anniversary precedence. The revenues have grown of 12.6% attesting itself to 43,09 billion rupees, of which 11,74 billion rupees generated from the services of line (+2.9%) and 29,01 billion rupees from the segment of the bulk transport (+16.8%). The operating result has been negative for 1,44 billion rupees respect to an operating profit of 5,27 billion rupees in exercise 2010-11.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
