The Shipping Corporation of India has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved a standalone net profit of ₹1,32,625 lakhs for the full financial year. Reflecting this robust performance, the Board of Directors has recommended a final dividend of Re. 1 per equity share, representing a 10% payout, subject to approval at the upcoming Annual General Meeting.
Financial Highlights for FY2026
For the financial year ended March 31, 2026, the company recorded a total standalone income of ₹6,21,836 lakhs. Profit after tax for the same period reached ₹1,32,625 lakhs, a significant improvement compared to the previous year’s ₹81,410 lakhs. The consolidated net profit for the year stood at ₹1,35,292 lakhs, underscoring the strong operational efficiency maintained throughout the fiscal year.
Segment Performance
The company’s diverse operations continue to drive revenue. The Tanker segment remained the largest contributor, generating ₹3,94,223 lakhs in segment revenue for the year, followed by Bulk Carrier at ₹78,887 lakhs and the Liner segment at ₹78,427 lakhs. The Technical & Offshore segment also contributed ₹29,785 lakhs, reflecting the company’s multi-faceted maritime service capabilities.
Strategic Dividends and Operational Outlook
Following the successful conclusion of the financial year, the Board has declared a final dividend of Re. 1 per share, with a total estimated cash outflow of approximately ₹46.58 crores. This recommendation aligns with the company’s commitment to delivering value to its shareholders.
Operational Updates
Despite geopolitical challenges in the Middle East, which led to temporary transit restrictions in the Strait of Hormuz for some vessels, the company has confirmed that it does not anticipate any material impact on its financial position. Furthermore, the strategic disinvestment process, led by the Government of India, continues to progress as planned with the Virtual Data Room remaining active for interested parties.
Source: BSE
