The Shipping Corporation of India Ltd has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a significant net profit of ₹1,32,625 lakhs for the full financial year. Alongside these strong results, the Board of Directors has recommended a 10% dividend, equivalent to Re. 1 per equity share, subject to approval at the upcoming Annual General Meeting.
Financial Highlights
For the financial year ended March 31, 2026, the company achieved a total standalone revenue of ₹6,21,836 lakhs, demonstrating strong operational performance. The net profit for the year stands at ₹1,32,625 lakhs, compared to ₹81,410 lakhs in the previous year. For the final quarter (Q4) of the year, the company recorded a profit of ₹41,376 lakhs.
Strategic Dividend Announcement
Reflecting the company’s solid financial health, the Board of Directors has proposed a dividend of Re. 1 per equity share (face value of Rs. 10 each), representing a 10% dividend. The payout is subject to approval by shareholders at the company’s next Annual General Meeting and, if approved, will be disbursed within 30 days of the meeting.
Operational Insights
The company continues to navigate the geopolitical landscape in the Middle East. While some vessels faced temporary disruptions near the Strait of Hormuz, the company maintains that these events are not expected to have a material impact on its financial statements. Additionally, the strategic disinvestment process led by the Government of India remains in progress, with procedural aspects currently ongoing.
Consolidated Performance Overview
On a consolidated basis, the group also reported strong performance, with a net profit of ₹1,35,292 lakhs for the year ended March 31, 2026. This performance includes contributions from various subsidiaries and joint ventures, reinforcing the company’s diversified operational strength across liner, bulk carrier, and tanker segments.
Source: BSE
