The Shipping Corporation of India (SCI), an Indian public sector undertaking, reported a consolidated net loss of 35% at ₹189 crore for the quarter ended September 2025 (Q2 FY26) compared to a net profit of ₹291 crore in the corresponding quarter of the previous fiscal year.

#shippingcorporationofindia #sci #india #shipping

Shipping Corporation of India reports 35% net loss in Q2 FY26
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Shipping Corporation of India reports 35% net loss in Q2 FY26

The company\s operational revenue decreased by 8%, and H1 experienced a 10.4% decline.

The Public Enterprises Selection Board (PES, the government's recruitment agent for top management posts in Central Public Sector Enterprises (CPSEs), has recommended Nitin Khamesra for the position of Director (Finance) at the Shipping Corporation of India (SCI). #pesb #shippingcorporationofindia #indiaoilcorporation #appointment

PESB recommends IOC’s Nitin Khamesra for SCI Director (Finance) role
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PESB recommends IOC’s Nitin Khamesra for SCI Director (Finance) role

The recommendation was finalised on October 22 after the PESB interviewed 11 candidates for the high-profile role.