New Delhi: The Shipping Corporation of India (SCI) has reported a strong financial performance for the second quarter of FY 2026-27 (Q2 FY27), with standalone net profit surging 267.3% year-on-year to Rs 646.04 crore, compared with Rs 175.89 crore in the corresponding quarter of the previous financial year.
The company’s revenue from operations also recorded significant growth, rising 71.1% to Rs 2,289.59 crore in Q2 FY27 against Rs 1,338.50 crore in Q2 FY26.
SCI’s standalone profit before tax (PBT) increased substantially to Rs 655.36 crore during the quarter, compared with Rs 200.70 crore in the corresponding period last year, reflecting improved financial performance.
SCI Q2 FY27 Standalone Financial Performance
SCI recorded strong growth across its key standalone financial indicators during the July-September quarter. The major financial highlights are:
- Standalone Net Profit: Rs 646.04 crore, up 267.3% from Rs 175.89 crore in Q2 FY26.
- Revenue from Operations: Rs 2,289.59 crore, registering 71.1% growth compared with Rs 1,338.50 crore in the year-ago quarter.
- Profit Before Tax (PBT): Rs 655.36 crore, against Rs 200.70 crore in Q2 FY26.
The significant increase in revenue and profitability highlights the company’s improved financial performance during the September quarter.
Read also: Shipping Corporation of India Celebrates 65th Anniversary, Highlights Maritime Legacy and Vision for 2047
SCI Consolidated Net Profit Rises 205.4% in Q2 FY27
On a consolidated basis, the Shipping Corporation of India also reported strong growth in its financial performance.
Consolidated revenue from operations increased 71.1% year-on-year to Rs 2,290.73 crore in Q2 FY27, compared with Rs 1,338.87 crore in the corresponding quarter of the previous financial year.
Consolidated net profit surged 205.4% to Rs 577.76 crore against Rs 189.16 crore in Q2 FY26.
The company’s consolidated earnings per share (EPS) stood at Rs 12.40 during the quarter, compared with Rs 4.06 in the corresponding period last year.
SCI Reports Strong First-Half Performance in FY27
SCI also delivered a strong financial performance during the first six months of FY 2026-27.
For the April-September period, the company reported standalone revenue from operations of Rs 4,134.23 crore and standalone net profit of Rs 1,310.33 crore.
On a consolidated basis, revenue from operations reached Rs 4,137.29 crore, while net profit stood at Rs 1,197.10 crore during the first half of FY27.
The half-yearly results reflect the company’s strong earnings performance during the reporting period.
SCI Declares Rs 4 Interim Dividend, Record Date November 16
Along with announcing its quarterly financial results, SCI’s Board of Directors has declared an interim dividend of Rs 4 per equity share.
The dividend represents 40% of the face value of Rs 10 per equity share.
The company has fixed November 16, 2026, as the record date for determining the eligibility of shareholders to receive the interim dividend.
The dividend announcement adds to the company’s positive quarterly performance and provides a return to eligible shareholders.
About Shipping Corporation of India (SCI)
The Shipping Corporation of India Limited (SCI) is a Government of India-owned public sector enterprise under the Ministry of Ports, Shipping and Waterways. Established in 1961, the company is India’s largest shipping company and operates across various segments, including bulk carriers, tankers, container vessels, offshore supply vessels and passenger services. SCI plays an important role in supporting India’s maritime trade and shipping infrastructure.
Read also: SCI Holds 76th AGM, Approves ₹1 Final Dividend, Total FY26 Payout Reaches ₹7.50 Per Share
