Shreyas Shipping & Logistics purchases carrier TBC Kailash for $14.60 mil.

Shreyas Shipping & Logistics took the delivery of one bulk carrier named, TBC Kailash at price of £14.60 million. Shreyas Shipping & Logistics’ consolidated net profit jumped 195.9% to Rs 29.44 crore on a 45.1% drop in net sales to Rs 75.34 crore in Q2 FY22 over Q2 FY21.

Shreyas Shipping & Logistics (SSL) is a pioneer and market leader in domestic coastal container shipping covering all main ports and container terminals on the Indian coast. SSL, which has a fleet of 13 vessels with a capacity of over 23,000 TEUs, also offers services to the Middle East and Bangladesh.

Shares of Shreyas Shipping & Logistics lost 0.61% to Rs 251 on BSE. Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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12:06 IST