New Delhi, Jan 31 (PTI) Disinvestment-bound Shipping Corporation of India on Monday reported a 136.78 per cent jump in consolidated profit to Rs 311.54 crore for the quarter ended December 31, 2021.

The company had posted a consolidated profit of Rs 131.57 crore in the corresponding quarter of the previous financial year, Shipping Corporation of India said in a filing to the BSE.

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Its consolidated income during October-December 2021 rose to Rs 1,456.23 crore, from Rs 872.82 crore in the year-ago period, the filing said.

Consolidated expenses also increased to Rs 1,141.87 crore, from Rs 765.42 crore a year ago. HRS hrs

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)