ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Scindia Steam Navigation Co. Ltd.

The Scindia Steam Navigation Co. Ltd.

While presenting the accounts for 1975-76 of The Scindia Steam Navigation Co., Ltd., Shri Krishnaraj M. D. Thackersey, Chairman of the Company, drew the attention of the shareholders to the decline in the net profits of the Company to Rs 2.84 crores from Rs 10,66 crores of the previous year. He attributed the drastic fall in the net profit to the steeply rising cost of operations and share fall in freight index.

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