Shreeji Shipping Q1 Net Profit Rises 19% to ₹44.3 Cr on Strong Revenue Growth
Shreeji Shipping Global reported consolidated net profit of ₹443 million for Q1, up from ₹372 million year-on-year. Revenue grew to ₹2.1 billion from ₹1.6 billion, while EBITDA rose to ₹617 million from ₹598 million. However, EBITDA margin contracted to 29.55% from 37.13% due to higher operating costs. The dry bulk logistics firm continues to expand its fleet and coastal operations. *Top stocks in the shipping industry:* $GESHIP , Shipping Corporation of India, and Transworld Shipping Lines.
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