On August 4, 2026, Dredging Corporation of India Limited released its unaudited standalone financial results for the quarter ending June 30, 2026, as per the exchange filings.
The company reported a total income of ₹356.47 crore and net profit of ₹11.24 crore for the quarter ending June 30, 2026.
The company reported a total income of ₹356.47 crore, marking a 46.5% increase year-on-year from ₹243.31 crore.
However, this represents a 25.8% decline quarter-on-quarter from ₹480.12 crore in March 2026.
In the June 2026 quarter, Dredging Corporation of India Limited achieved a net profit of ₹11.24 crore. This marks a turnaround from a net loss of ₹23.33 crore in the same quarter the previous year.
Despite this improvement, the net profit decreased by 87.1% compared to the March 2026 quarter, where the company recorded a net profit of ₹86.91 crore.
For the financial year 2026, Dredging Corporation of India Limited reported a total income of ₹1,214.10 crore. The net profit for the year stood at ₹4.75 crore. These figures provide a comprehensive view of the company's financial performance over the fiscal year.
Dredging Corporation of India Limited recorded a significant surge in its core performance during the first quarter of the fiscal year.
Revenue from operations for the quarter ended June 30, 2026, stood at ₹35,543.41 lakhs, marking a substantial increase compared to the ₹24,224.46 lakhs reported in the corresponding quarter of the previous year.
Accounting for an other income of ₹103.25 lakhs, the total income reached ₹35,646.65 lakhs, up from ₹24,330.86 lakhs in Q1 of the previous year.
The company's total expenses for the three-month period escalated to ₹34,497.11 lakhs, up from ₹26,650.30 lakhs in the same quarter last year.
A deeper look into the financials reveals that sub-contract expenses constituted the largest cost component at ₹12,555.94 lakhs, surging heavily from ₹4,083.74 lakhs year-on-year.
Other key expenses included employee benefit expenses at ₹3,029.50 lakhs, finance costs at ₹987.61 lakhs, depreciation at ₹4,153.05 lakhs, and general other expenses at ₹13,771.01 lakhs.
As of June 30, 2026, the company's total assets stood at ₹3,09,991.34 lakhs, scaling up from ₹3,06,570.88 lakhs recorded at the end of the previous fiscal year on March 31, 2026.
Non-current assets accounted for ₹2,10,906.75 lakhs, featuring property, plant, and equipment valued at ₹1,21,430.27 lakhs. Meanwhile, current assets rose to ₹99,084.59 lakhs, driven by an expansion in inventories to ₹18,128.03 lakhs and trade receivables climbing up to ₹44,277.97 lakhs.
The company maintains a stable capital structure with a paid-up equity share capital of ₹2,800.00 lakhs, consisting of shares with a face value of ₹10 each.
Total equity reached ₹1,24,455.22 lakhs, providing a strong net worth base. Long-term borrowings decreased slightly to ₹70,739.06 lakhs from ₹81,514.68 lakhs in March.
Key ratios revealed a debt-equity ratio of 0.89:1, a current ratio of 0.88:1, an interest coverage ratio of 6.48:1, and a net profit margin of 3.98%.
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As of August 05, 2026, at 10:34 AM, Dredging Corporation of India share price on NSE was trading at ₹1,125.40, up by 0.40% from the previous closing price.
Dredging Corporation of India Limited's total income for the June 2026 quarter rose 46.5% YoY to ₹356.47 crore, while net profit reached ₹11.24 crore. The company's FY26 income was ₹1,214.10 crore, with a net profit of ₹4.75 crore.
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Published on: Aug 5, 2026, 11:34 AM IST
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