Shipping Corporation of India shares fall up to 7% after Q3 net profit tanks nearly 44%

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Shipping Corporation of India Share Price | The state-owned company’s net profit for the December quarter tanked nearly 44% to ₹75.5 crore compared to the previous year’s ₹134.4 crore. Its revenue from operations was down 1.9% at ₹1,315.6 crore against the previous year’s ₹1,340.7 crore.

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