AGM/EGM25 Sept 2026, 04:51 pm
DCI Returns to Profitability with ₹4.75 Cr PAT in FY26
AI Summary
Dredging Corporation of India Limited (DCI) announced its financial performance for FY 2025-26 at its 50th Annual General Meeting. The company reported a revenue from operations of ₹1,208.33 crore and total income of ₹1,214.10 crore. Significantly, DCI returned to profitability with a Profit After Tax (PAT) of ₹4.75 crore, a substantial improvement from a loss of ₹27.46 crore in the previous year. The operating profit margin also rose to 16.84% from 12.33%. DCI highlighted its operational progress, fleet modernization plans including acquiring 11 new dredgers over five years with an investment of ₹3,560 crore, and its growth strategy aligned with India's maritime development initiatives.
Key Highlights
- Returned to profitability with FY26 PAT of ₹4.75 Cr, up from prior year loss.
- Revenue from operations stood at ₹1,208.33 Cr for FY26.
- Operating profit margin improved to 16.84% in FY26.
- Initiated a ₹3,560 Cr fleet modernization program over five years.
- Company celebrated its 50th anniversary, highlighting its role in India's maritime sector.
Price Impact
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