New Delhi: Shipping Corporation of India (SCI) has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, showcasing strong growth in profitability and operational performance.
The state-owned shipping major reported a sharp rise in net profit along with improved margins and steady revenue growth for FY26.
FY26 Standalone Results: Profit Surges Nearly 63%
SCI posted a standalone net profit of ₹1,326 crore in FY26, marking a 62.9% increase compared to ₹814 crore in FY25.
Key Standalone Highlights (FY26)
- Net Profit: ₹1,326 crore (↑62.9% YoY)
- Profit Before Tax (PBT): ₹1,396 crore (↑69.8%)
- Revenue from Operations: ₹5,778 crore
- Earnings Per Share (EPS): ₹28.47
Strong Q4 FY26 Performance
The company delivered an exceptional performance in the March 2026 quarter.
Q4 Standalone Highlights
- Net Profit: ₹414 crore (↑140% YoY)
- Profit Before Tax: ₹425 crore (↑167% YoY)
- Revenue from Operations: ₹1,513 crore (↑14.2% YoY)
Dividend Announcement for Shareholders
SCI’s Board of Directors has recommended a final dividend of ₹1 per equity share (10% on face value of ₹10) for FY26.
- Dividend Per Share: ₹1
- Total Dividend Outgo: ₹46.58 crore (approx.)
- Subject to approval at AGM
- Payment within 30 days after approval
Consolidated Financial Performance FY26
Including subsidiaries and joint ventures, SCI also reported strong consolidated results.
Consolidated Highlights
- Net Profit: ₹1,353 crore (vs ₹1,172 crore in FY25)
- Profit Before Tax: ₹1,423 crore
- Revenue from Operations: ₹5,780 crore
- EPS: ₹29.05
Q4 Consolidated Performance
- Net Profit: ₹405 crore (↑119% YoY)
- Revenue from Operations: ₹1,513 crore
Balance Sheet Strength Improves
- Total Assets: ₹12,707 crore (vs ₹11,132 crore)
- Total Equity: ₹8,489 crore (vs ₹7,744 crore)
- PPE: ₹7,031 crore
- Trade Receivables: ₹1,192 crore
Cost Efficiency and Operational Gains
SCI reported improved cost control during FY26:
- Cost of Services: ₹2,763 crore (down from ₹3,091 crore)
- Employee Expenses: ₹584 crore
- Depreciation & Amortisation: ₹1,064 crore
- Other Income: ₹169 crore (including tax refund interest)
Clean Audit Report
The company received an unmodified (clean) audit opinion from its statutory auditors, confirming compliance with SEBI regulations.
Board Meeting Details
- Board Meeting Date: May 8, 2026
- Time: 3:00 PM – 6:30 PM (IST)
- Dividend Recommendation: Approved (subject to AGM)
About Shipping Corporation of India
Shipping Corporation of India Limited (SCI) is India’s premier shipping company and a public sector enterprise under the Ministry of Ports, Shipping and Waterways. It operates a diversified fleet serving bulk carriers, tankers, container vessels, and offshore services, playing a crucial role in supporting India’s EXIM trade and maritime interests.
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