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-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	16-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	08-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	16-May-2025   14:30:00
End date and time of board meeting	16-May-2025   18:10:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
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	13251900000	56058300000
	Other income	753600000	1945300000
	Total income	14005500000	58003600000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	1634100000	5684900000
(e)	Finance costs	388100000	1863300000
(f)	Depreciation, depletion and amortisation expense	2426900000	9513200000
(f)	Other Expenses
1	Cost of services rendered	7132300000	31054100000
2	Other expenses	839100000	1676500000
	Total other expenses	7971400000	32730600000
	Total expenses	12420500000	49792000000
3	Total profit before exceptional items and tax	1585000000	8211600000
4	Exceptional items	0	0
5	Total profit before tax	1585000000	8211600000
6	Tax expense
7	Current tax	-132300000	87800000
8	Deferred tax	-5700000	-5700000
9	Total tax expenses	-138000000	82100000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1723000000	8129500000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	128400000	306300000
16	Total profit (loss) for period	1851400000	8435800000
17	Other comprehensive income net of taxes	-409400000	-480500000
18	Total Comprehensive Income for the period	1442000000	7955300000
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	4658000000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.97	18.11
	Diluted earnings (loss) per share from continuing operations	3.97	18.11
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.97	18.11
	Diluted earnings (loss) per share from continuing and discontinued operations	3.97	18.11
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

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	67108400000
	Capital work-in-progress	43500000
	Investment property
	Goodwill	0
	Other intangible assets	5400000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method	6448400000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	2500700000
	Total non-current financial assets	2500700000
	Deferred tax assets (net)	3369900000
	Other non-current assets	1785800000
	Total non-current assets	81262100000
2	Current assets
	Inventories	1927600000
	Current financial asset
	Current investments	1761000000
	Trade receivables, current	11928700000
	Cash and cash equivalents	1396400000
	Bank balance other than cash and cash equivalents	4416400000
	Loans, current	16500000
	Other current financial assets	12455100000
	Total current financial assets	31974100000
	Current tax assets (net)	0
	Other current assets	1846800000
	Total current assets	35748500000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	117010600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4658000000
	Other equity	78459500000
	Total equity attributable to owners of parent	83117500000
	Non controlling interest
	Total equity	83117500000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	15090300000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	1840700000
	Total non-current financial liabilities	16931000000
	Provisions, non-current	662600000
	Deferred tax liabilities (net)	7600000
	Deferred government grants, Non-current
	Other non-current liabilities	800000
	Total non-current liabilities	17602000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	4253400000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	448700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	7628700000
	Total Trade payable	8077400000
	Other current financial liabilities	2601900000
	Total current financial liabilities	14932700000
	Other current liabilities	1269200000
	Provisions, current	89200000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	16291100000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	33893100000
	Total equity and liabilites	117010600000
	Disclosure of notes on assets and liabilities

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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Liner	2386200000	10362300000
2	Bulk Carrier	998900000	7112900000
3	Tanker	9275100000	36096000000
4	Technical & Offshore	650500000	2761900000
5	Unallocated Revenue	399200000	743700000
	Total Segment Revenue	13709900000	57076800000
	Less: Inter segment revenue	0	0
	Revenue from operations	13709900000	57076800000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Liner	164900000	1662200000
2	Bulk Carrier	-737100000	-222400000
3	Tanker	1911600000	6801400000
4	Technical & Offshore	-50300000	324800000
5	Unallocated Revenue	0	0
	Total Profit before tax	1289100000	8566000000
	i. Finance cost	388100000	388100000
	ii. Other Unallocable Expenditure net off Unallocable income	-812400000	-812400000
	Profit before tax	1713400000	8517900000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Liner	12225200000	12225200000
2	Bulk Carrier	16063200000	16063200000
3	Tanker	48976800000	48976800000
4	Technical & Offshore	8868600000	8868600000
5	Unallocated Revenue	0	0
	Total Segment Asset	86133800000	86133800000
	Un-allocable Assets	30876800000	30876800000
	Net Segment Asset	117010600000	117010600000
4	Segment Liabilities
	Segment Liabilities
1	Liner	7501000000	7501000000
2	Bulk Carrier	5283800000	5283800000
3	Tanker	4416500000	4416500000
4	Technical & Offshore	2053100000	2053100000
5	Unallocated Revenue	0	0
	Total Segment Liabilities	19254400000	19254400000
	Un-allocable Liabilities	14638700000	14638700000
	Net Segment Liabilities	33893100000	33893100000
	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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements gain/(loss) of defined benefit plansn	-62700000	-105600000
2	Foreign Currency translation gain/loss of subsidiaryn	-500000	6700000
3	Share of OCI of associates and joint ventures,net of tax	-346200000	-381600000
	Total Amount of items that will not be reclassified to profit and loss	-409400000	-480500000
2	Income tax relating to items that will not be reclassified to profit or loss	0	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
5	Total Other comprehensive income	-409400000	-480500000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			8211600000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1863300000
	Adjustments for decrease (increase) in inventories			-186500000
	Adjustments for decrease (increase) in trade receivables, current			1386200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			-6818400000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-5479500000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			793200000
	Adjustments for depreciation and amortisation expense			9513200000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			139800000
	Adjustments for dividend income			467900000
	Adjustments for interest income			933500000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-8500000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-85300000
	Other adjustments for non-cash items			561300000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			277400000
	Net cash flows from (used in) operations			8489000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-6100000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			8495100000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			2919200000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			85300000
	Purchase of other long-term assets			1757800000
	Cash advances and loans made to other parties			-9700000
	Cash receipts from repayment of advances and loans made to other parties			320000000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			467900000
	Interest received			634400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-3159700000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			10087700000
	Payments of lease liabilities			614800000
	Dividends paid			232100000
	Interest paid			1267000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-154100000
	Net cash flows from (used in) financing activities			-12355700000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-7020300000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			500000
	Net increase (decrease) in cash and cash equivalents			-7019800000
	Cash and cash equivalents cash flow statement at beginning of period			8416200000
	Cash and cash equivalents cash flow statement at end of period			1396400000