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DREDGECORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dredging Corporation of India achieved its highest ever annual turnover of Rs. 1214.09 Crore in FY 2025-26, marking a record performance in its five-decade history. The company posted a profit after tax (PAT) of Rs. 4.75 Crore, a significant turnaround from a loss of Rs. 12.07 Crore in the previous year. Operational profit (EBITA) stood at Rs. 253.46 Crore. Earnings per share improved dramatically to Rs. 5.28 from negative Rs. 12.07 in FY 2024-25. Management has set an ambitious target of Rs. 1500 Crore turnover for FY 2026-27.
The strong turnaround from losses to profitability is a positive signal for shareholders, indicating improved operational efficiency and financial health. The company's next-year revenue target of Rs. 1500 Crore suggests management confidence in sustaining growth momentum.