MUMBAI: Shreyas Shipping & Logistics reported a strong net profit of Rs 19.70 crore in September quarter [Q2FY18] . It had profit of Rs 2.41 crore in a year ago quarter.
Operational revenue of the company increased by 35% to Rs 124 crore from Rs 92 crore in the corresponding quarter of previous fiscal.
For the first half (April – September) of the current financial year 2017-18, Shreyas Shipping & Logistics’ net profit jumped over five-fold to Rs 38.87 crore against Rs 7.27 crore in the same period last year. It had reported profit of Rs 3.51 crore during the entire previous financial year 2016-17.