Q2 profit edges up; first-half revenue and profit fall; 7.20 dividend declared
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On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 1.7 pts more than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved unaudited Q2 and first-half results and declared a second interim dividend of Rs 7.20 per share. The record date is November 13, 2025, and payment is due on or after December 2. Consolidated Q2 operating revenue fell to Rs 1,241.78 crore from Rs 1,354.40 crore, while profit rose slightly to Rs 581.41 crore from Rs 575.57 crore. First-half revenue fell to Rs 2,443.25 crore from Rs 2,862.63 crore, and profit declined to Rs 1,085.91 crore from Rs 1,387.51 crore. The auditor's review identified no material problem.
The dividend supports shareholder cash returns, but lower first-half revenue and profit may weigh on sentiment despite the slight Q2 profit rise.