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Shipping of India Land and Assets (NSE:SCILAL) Net Income : ₹144.30 Mil (TTM As of Jun. 2023)


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What is Shipping of India Land and Assets Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Shipping of India Land and Assets's Net Income for the three months ended in Jun. 2023 was ₹144.30 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₹144.30 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Shipping of India Land and Assets's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was ₹0.31.


Shipping of India Land and Assets Net Income Historical Data

The historical data trend for Shipping of India Land and Assets's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shipping of India Land and Assets Net Income Chart

Shipping of India Land and Assets Annual Data
Trend Mar22 Mar23 Mar24
Net Income
227.50 355.50 474.90

Shipping of India Land and Assets Quarterly Data
Mar22 Jun22 Mar23 Jun23 Mar24
Net Income - 16.20 - 144.30 -

Shipping of India Land and Assets Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Shipping of India Land and Assets's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=551+-76.1+0+0
=474.90

Shipping of India Land and Assets's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=152.2+-7.9+0+2.8421709430404E-14
=144.30

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹144.30 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shipping of India Land and Assets  (NSE:SCILAL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Shipping of India Land and Assets's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Shipping of India Land and Assets Net Income Related Terms

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Shipping of India Land and Assets (NSE:SCILAL) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Madame Cama Road, 245, Shipping House, Mumbai, MH, IND, 400021
Shipping Corp of India Land and Assets Ltd is a wholly owned subsidiary of The Shipping Corporation of India (sci). The SCI has today evolved into the largest Indian shipping Company. SCI's owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, LPG and Offshore Supply Vessels. Sailing through for six decades, SCI today has a significant presence on the global maritime map. The SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.

Shipping of India Land and Assets (NSE:SCILAL) Headlines

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