State owner Shipping Corporation of India (SCI) is likely to post increased earnings in its current financial year.

The Niti Central website cited shipping minister Nitin Gadkari as saying: “I am told by the chairman and managing director that SCI will report a profit of INR 4.5bn ($66.4m) this fiscal.”

The company reported earnings of INR 3.25bn in the first half of the year.

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