The announcement was made along with the company’s September quarter earnings where the company in the year-ago period posted Rs. 291 crore against Rs. 189 crore, a decline of 35%. Profit after tax (PAT) fell 47% sequentially as against Rs 354 crore recorded in Q1FY26.
SCI’s income from operations is Rs. 1,339 crore, compared to Rs. 1,451 crore was down by about 8%. However, the topline in the April-June quarter of FY26 was Rs. 1,316 crore was up 1.7% on quarter-on-quarter basis.
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Segment Revenue
— Liner: Revenue in Q2FY26 Rs. 213 crore as against in Q1FY26 Rs. 201 crore and in Q2FY25 Rs. 298 crores.
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— Bulk Carrier: Revenue in Q2FY26 to Rs. 201 crore as against in Q1FY26 Rs. 133 crore in Q2FY25 and Rs. 214 crores.
— Tanker: Revenue in Q2FY26 at Rs. 858 crore as against Rs. 913 crore in Q2FY25 and Rs. 885 crores.
— Technical and Offshore: Revenue in Q2FY26 was Rs. 74 crore as against in Q1FY26 Rs. 72 crore and in Q2FY25 Rs. 70 crores.
The total expenditure reported by the company is Rs. 1,235 crore, as against Rs. 1,107 crore in Q2FY25 and Rs. 1,195 crores. This expenditure was incurred under the headings ‘cost of services rendered’, ‘cost of employee benefits’ and finance costs.
Shares of SCI ended in the green today, rising 2.1% on the NSE to Rs. closed at 265.95. PSU stocks have been in top form for the past six months, closing at Rs 100 against returns of over 4% and 3% by Nifty and BSE Sensex respectively. Gives a return of 57%.
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