Integrated Filing — IndAS



General information about company
Scrip Code 523598
NSE Symbol SCI
MSEI Symbol NOTLISTED
ISIN INE109A01011
Name of company Shipping Corporation of India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 08-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-Aug-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 08-Aug-2025   14:30:00
End date and time of board meeting 08-Aug-2025   17:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 13156800000
Other income 1456600000
Total income 14613400000
2 Expenses
(a) Cost of materials consumed 0
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 1270100000
(e) Finance costs 305000000
(f) Depreciation, depletion and amortisation expense 2496000000
(f) Other Expenses
1 Cost of services rendered 6890600000 6890600000
2 Other expenses 98600000 98600000
Total other expenses 6989200000
Total expenses 11060300000
3 Total profit before exceptional items and tax 3553100000
4 Exceptional items 0
5 Total profit before tax 3553100000
6 Tax expense
7 Current tax 120800000
8 Deferred tax 0
9 Total tax expenses 120800000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 3432300000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 3432300000
17 Other comprehensive income net of taxes 25900000
18 Total Comprehensive Income for the period 3458200000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 4658000000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.37
Diluted earnings (loss) per share from continuing operations 7.37
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 7.37
Diluted earnings (loss) per share from continuing and discontinued operations 7.37
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Liner 2008700000 2008700000
2 Bulk Carrier 1326400000 1326400000
3 Tanker 9132800000 9132800000
4 Technical & Offshore 723300000 723300000
5 Unallocated Revenue 281000000 281000000
Total Segment Revenue 13472200000
Less: Inter segment revenue 0 0
Revenue from operations 13472200000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Liner 478200000 478200000
2 Bulk Carrier -480100000 -480100000
3 Tanker 2447400000 2447400000
4 Technical & Offshore -15700000 -15700000
5 Unallocated Revenue 0 0
Total Profit before tax 2429800000
i. Finance cost 305000000 305000000
ii. Other Unallocable Expenditure net off Unallocable income -1428300000 -1428300000
Profit before tax 3553100000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Liner 10067400000 10067400000
2 Bulk Carrier 15589200000 15589200000
3 Tanker 46940600000 46940600000
4 Technical & Offshore 9135400000 9135400000
5 Unallocated Revenue 0 0
Total Segment Asset 81732600000 81732600000
Un-allocable Assets 30756600000 30756600000
Net Segment Asset 112489200000 112489200000
4 Segment Liabilities
Segment Liabilities
1 Liner 9239600000 9239600000
2 Bulk Carrier 5469200000 5469200000
3 Tanker 1420400000 1420400000
4 Technical & Offshore 2111300000 2111300000
5 Unallocated Revenue 0 0
Total Segment Liabilities 18240500000 18240500000
Un-allocable Liabilities 13351800000 13351800000
Net Segment Liabilities 31592300000 31592300000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements gain/(loss) of defined benefit plans 25900000 25900000
Total Amount of items that will not be reclassified to profit and loss 25900000
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income 25900000





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Others
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 15-Dec-2010
Amount Raised 5824500000
Report filed for Quarter ended 30-Jun-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised Yes
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders Yes
If Yes, Date of shareholder Approval 17-Feb-2017
Explanation for the Deviation / Variation Company utilized 100% of FPO funds as contemplated under the object of the issue set out in prospectus. However, due to default of shipyards, company rescinded 4 shipbuilding contracts. The company received RS. 330.65 crores as refund from shipyards. The shareholders vide the resolution passed through postal ballot on 17.02.2017 approved the proposal to re-deploy the said sum for acquisition of any vessels or towards the balance payments remaining due for the tonnage of acquisition. Of the above RS. 196.802 Crores have been utilised and the company is having a balance of Rs. 133.85 Crores.
Comments of the Audit Committee after review The same was reviewed and approved by the Audit Committee at their meeting held on 8th Aug, 2025.
Comments of the auditors, if any Not Applicable
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 For funding 3 No's 6500 TEU Container vessels and 1 No. Bulk carrier (4 No bulk carrier was proposed to be purchased of which only 3 nos had been purchased) To acquire any number of offshore assets (including but not limited to AHTSV and PSV), LPG vessels and such other vessels as the board may from time to time deem appropriate) 33065000 0 19680000 0


Signatory Details
Name of signatory Smt. Swapnita Vikas Yadav
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 08-Aug-2025




Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 17956300000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 17956300000