Shreyas Shipping and Logistics Limited announces Audited Financial Results for the quarter and year ended 31stMarch,2018
Shreyas Shipping & Logistics Ltd, (hereinafter referred as ‘Shreyas’) a part of the 40-year-old global conglomerate Transworld group is an Indian ship owning and operating company with a prime focus on coastal container shipping and logistic services. Shreyas is a pioneer and market leader in containerised coastal shipping in India for both domestic and coastal Exim trans-shipment. Shreyas is the largest container shipping company in India with a fleet of 13 vessels, 23143 Teus capacity, 315,722 DWT and 248,392 GRT, servicing 18 main ports in India and covers entire Indian coast and other regional areas. Financial Performance for the year: . Standalone revenues for the year 2017-18 stood at INR 544 cr as against INR 376 cr for FY17 which grew by 45%. EBITDA for FY18 is at INR 115 cr as against INR 50 cr during FY17 which grew by 123% and PAT stood at INR 81 cr as against INR 4 cr in FY17 which grew by 2205%. Considering share of profit of an associate and joint ...