Shipping Corporation Of India Limited has informed the Exchange regarding 'considering and approving 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shipping Corporation of India reported strong annual results for FY 2025-26 with standalone total income of Rs 6,22,678 lakhs, up 7.3% from Rs 5,80,036 lakhs in the previous year. Profit before tax grew significantly to Rs 1,39,589 lakhs versus Rs 82,245 lakhs, representing approximately 70% year-on-year growth. The Board has recommended a final dividend of Rs 1 per equity share (10% on face value of Rs 10), subject to shareholder approval at the AGM. The auditors issued an unmodified opinion with emphasis of matter on Middle East geopolitical disruptions affecting 4 vessels at Strait of Hormuz (company says impact is not material) and the ongoing strategic disinvestment process by Government of India.
The company demonstrated robust profitability improvement with PBT growth of about 70% YoY, indicating strong operational performance. The dividend recommendation provides shareholder returns. However, geopolitical tensions in the Middle East and the ongoing disinvestment process create uncertainty about future operations and ownership structure.