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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chowgule Steamships reported a sharp fall in both revenue and profit for the September 2025 quarter. Total income dropped to ₹118.51 lakh from ₹164.73 lakh in the same quarter last year, a decline of roughly 28%. Profit after tax more than halved to ₹15.56 lakh versus ₹33.41 lakh a year ago. For the first half of FY26, total income fell to ₹283.78 lakh (vs ₹350.91 lakh in H1 FY25) and profit after tax nearly halved to ₹43.54 lakh (vs ₹84.21 lakh). Basic EPS for H1 FY26 stood at ₹0.12 versus ₹0.23 in H1 FY25. The company also noted that its wholly owned subsidiary, Chowgule Steamships Overseas Limited (Guernsey), has been dissolved following a liquidation process.
The weak set of numbers — falling revenues and a ~48% drop in half-year profit — is negative for shareholders and may weigh on the stock in the short term. The dissolution of the overseas subsidiary simplifies the group structure but does not change the core shipping business outlook, which clearly deteriorated during the quarter.