Dredging Corporation Of India Share Price

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• BSE India
• 4 days 5 hours ago

<h3><span style="font-size:16px;"><strong>Shipping company Dredging Corporation Of India announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Standalone Financial Results:</strong></p> <ul> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Total Revenue from operations:</strong> For Q1FY27, revenue stood at Rs 35,543.41 lakh, representing a YoY increase of 46.73% compared to Rs 24,224.46 lakh in Q1FY26, and a QoQ decrease of 25.68% from Rs 47,823.02 lakh in Q4FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Total Income:</strong> The total income for Q1FY27 was Rs 35,646.65 lakh, showing a YoY growth of 46.51% from Rs 24,330.86 lakh in Q1FY26, and a QoQ decline of 25.75% from Rs 48,011.66 lakh in Q4FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Profit before Tax:</strong> The company reported a profit before tax of Rs 1,149.54 lakh in Q1FY27, a significant turnaround from a loss of Rs 2,319.44 lakh in Q1FY26 (YoY), but a decrease of 86.85% QoQ compared to Rs 8,744.08 lakh in Q4FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Net Profit for the period:</strong> Net profit for Q1FY27 was Rs 1,123.54 lakh, compared to a net loss of Rs 2,333.26 lakh in Q1FY26 (YoY) and a profit of Rs 8,690.54 lakh in Q4FY26 (QoQ decrease of 87.07%).</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Total Comprehensive Income:</strong> The total comprehensive income for Q1FY27 stood at Rs 1,123.54 lakh, against a comprehensive loss of Rs 2,333.26 lakh in Q1FY26 and a comprehensive income of Rs 9,693.70 lakh in Q4FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Earnings Per Share (EPS):</strong> Basic and diluted EPS for Q1FY27 was Rs 4.01, compared to Rs -8.33 in Q1FY26 and Rs 34.62 in Q4FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Net Worth:</strong> The company’s net worth reached Rs 1,24,455.22 lakh as of Q1FY27, compared to Rs 1,19,815.76 lakh in Q1FY26 and Rs 1,23,035.21 lakh as of the end of FY26.</li> </ul> <p _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Debt-Equity Ratio:</strong> The debt-equity ratio for Q1FY27 was 0.89:1, slightly higher than 0.87:1 in Q1FY26 and 0.88:1 at the end of FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Interest Coverage Ratio:</strong> This ratio improved significantly to 6.48:1 in Q1FY27, compared to 2.45:1 in Q1FY26 and 5.22:1 in FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Net Profit Margin:</strong> The net profit margin for Q1FY27 was 3.98%, showing substantial recovery from the negative margin in Q1FY26 and an improvement over the 0.39% margin reported for FY26.</li> <li _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Current Ratio:</strong> The current ratio stood at 0.88:1 in Q1FY27, compared to 0.96:1 at the end of FY26.</li> </ul> <p><strong>Jasmeet Singh Bindra, IRTS, Chairman (Non-Executive), Dredging Corporation of India, said:</strong> "The impressive performance in the first quarter of FY 2026-27 reflects DC/L's strategic vision, operational resilience and sound financial discipline. The Company's return to profitability, coupled with strong growth in operational income, demonstrates its ability to create sustainable value even in a dynamic business environment. I congratulate Team DC/L for this commendable achievement and am confident that the Company will continue to strengthen its leadership in supporting India's maritime infrastructure and the nation's port-led development. "</p> <p>S. Divakar, Managing Director & CEO, Dredging Corporation of India, said: "Our encouraging first-quarter performance is a testament to the dedication, professionalism and unwavering commitment of Team DCIL. Despite operational challenges, we achieved robust growth in operational income, improved operational efficiency and returned to profitability through focused execution, optimum fleet utilisation and prudent cost management. As we move forward, we will continue to enhance operational excellence, embrace sustainable technologies and deliver world-class dredging solutions that create enduring value for our customers, stakeholders and the nation."</p> <p><a class="lb" href="/get-document/post/pdf/5764707/" target="_blank">Result PDF</a></p>

• Trendlyne
• 1 week 1 day ago

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• BSE India
• 1 week 1 day ago