The Shipping Corporation of India Ltd. (SCI) has announced a robust performance for the fourth quarter of FY 2025-26. The company reported a significant growth in both revenue and profitability, driven by strong operational demand in the tanker and bulk carrier segments. SCI continues to focus on fleet expansion and strategic partnerships, bolstering its market position and long-term financial health amidst ongoing geopolitical shifts.
Financial Performance Highlights
For the fiscal year 2025-26, SCI reported a steady increase in standalone operating revenue, reaching INR 5,778 crore. Profitability saw a marked improvement, with EBITDA rising to INR 2,633 crore and PAT reaching INR 1,326 crore, reflecting the company’s operational efficiency and favorable market conditions in the shipping sector.
Segment Analysis
The Tanker segment remained the primary revenue driver, contributing INR 3,942 crore to the total operating revenue. Segment profits for the tanker business surged to INR 1,190 crore. While the Liner business faced headwinds due to global market pressures, the company maintained 95% service utilization, highlighting strong customer loyalty and reliable operations. The Bulk Carrier segment also benefited from elevated charter rates during the final quarter.
Strategic Fleet Growth and Modernization
SCI continues its commitment to fleet modernization and sustainable growth. The company successfully inducted two Very Large Gas Carriers (VLGC), ‘Sahyadri’ and ‘Shivalik’, to enhance energy transportation. Additionally, a shipbuilding contract was executed with Mazagon Dock Shipbuilders Ltd (MDL) for a 3,000 DWT Methanol Dual Fuel Platform Supply Vessel, marking a significant milestone in SCI’s journey toward green shipping.
Operational Outlook and Partnerships
Looking ahead, SCI is actively pursuing expansion through ongoing tenders for new-building MR Tankers, container vessels, and Aframax tankers. Strategic collaborations remain a priority, highlighted by recent Memorandums of Understanding (MoUs) with major CPSEs and Ports. These partnerships aim to boost domestic shipping capacity, support Atmanirbhar Bharat, and provide end-to-end logistics solutions, ensuring sustained long-term growth across both coastal and EXIM trade sectors.
Source: BSE
