Shipping Corporation Of India Limited has informed the Exchange that the Board at its meeting held on 08.05.2026 considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and Financial Year ended 31.03.2026. Further, the Board has recommended Final Dividend of Re 1/- per equity share of face value of Rs. 10/- each i.e. 10% per share, subject to approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company.
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The Board of Shipping Corporation of India approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone PAT grew 69.7% to Rs 1,39,589 lakhs from Rs 82,245 lakhs in the prior year. Consolidated PAT stood at Rs 1,42,281 lakhs. Total standalone revenue was Rs 5,81,322 lakhs while consolidated revenue reached Rs 6,22,678 lakhs. EPS improved to Rs 8.88 (standalone) and Rs 8.69 (consolidated). The Board recommended a final dividend of Rs 1 per equity share (10% on face value of Rs 10), totaling approximately Rs 46.58 crores, subject to shareholder approval at the ensuing AGM. Auditors issued unmodified opinions on both standalone and consolidated results. Key emphasis of matters include: geopolitical escalation in the Middle East affecting Strait of Hormuz transit (4 vessels stuck, management says no material impact), ongoing strategic disinvestment process by Government of India, and ongoing reconciliation of trade receivables/payables and tax assets.
Strong profit growth of ~70% year-on-year with maiden dividend declaration signals positive operational performance. Geopolitical risks in Middle East remain a watch item though management sees no material impact. Strategic disinvestment by GoI continues to be in progress.