Report
Shipping Corporation of India projected to top Rs 2,000 crore in FY27 profit after tax
The Economic Times reports that Minister Sarbananda Sonowal also outlined plans to expand the company’s 58-vessel fleet.
TLDR
The Economic Times reports that Ports, Shipping and Waterways Minister Sarbananda Sonowal expects Shipping Corporation of India to post more than Rs 2,000 crore in FY27 profit after tax. He cited more than Rs 600 crore in the first quarter and said the company plans to procure more than 34 vessels through petroleum-sector joint ventures and add 51 container vessels with CONCOR and four major ports.
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