Shipping Corporation of India Declares Interim Dividend Amid Positive Q3 Results

The Shipping Corporation of India (SCI) has announced a second interim dividend of ₹3.5 per share for the financial year 2025-26. This decision was made during a board meeting where the unaudited standalone and consolidated financial results for Q3 (Oct-Dec) were reviewed and approved. The record date for determining shareholder eligibility for the dividend is set for February 17, 2026. The company’s Q3 results reflected positive financial performance.

Interim Dividend Announcement

SCI’s Board of Directors has officially declared a second interim dividend of ₹3.5 per equity share, representing 35% of the face value of ₹10 each. The company has set February 17, 2026, as the record date for ascertaining the eligibility of shareholders for this dividend, which will be paid within 30 days from the declaration date.

Financial Performance Overview

The Board reviewed and approved the unaudited financial results for Q3 (Oct-Dec), demonstrating a solid performance. Key highlights from the standalone results include:

  • Total Income: ₹166.61 crore
  • Profit before tax: ₹41.49 crore
  • Total comprehensive income for the period: ₹39.87 crore

Segment Performance

SCI’s Q3 (Oct-Dec) segment-wise revenue breakdown is as follows:

  • Liner: ₹20.58 crore
  • Bulk Carrier: ₹23.75 crore
  • Tanker: ₹109.69 crore
  • Technical & Offshore: ₹7.93 crore

Strategic Disinvestment Update

The company’s strategic disinvestment process, managed by the Department of Investment and Public Asset Management (DIPAM), continues to progress. The Virtual Data Room remains open to qualified interested parties to facilitate due diligence.

Source: BSE

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