Dredging Corporation Share Price Jumps 14% After Strong Q4 FY26 Results and Record FY26 Turnover

Dredging Corporation of India share price jumped more than 14% in early trading after the company announced its latest quarterly results. 

The stock rose 14.57% to ₹1,152.70 on the BSE, up from the previous close of ₹1,006. The company’s market capitalisation stood at around ₹3,128 crore. 

Dredging Corporation of India Q4 Profit Turnaround 

The company reported a sharp improvement in its March quarter performance. 

• Net profit came in at ₹87 crore, compared to a loss of ₹25 crore in the same quarter last year.
• Revenue from operations rose 73.2% year-on-year to ₹478 crore, up from ₹276 crore.
• EBITDA increased significantly to ₹143 crore, from ₹33 crore a year ago.
• EBITDA margin improved to 30%, compared to 12% last year.  

These strong numbers were one of the key reasons for the stock rally. 

Record FY26 Performance 

The company also announced its highest ever annual turnover of ₹1,214.09 crore for FY26, marking its best performance in more than 5 decades. 

For the full financial year: 

• Profit After Tax (PAT): ₹4.75 crore
• Operational profit (EBITA): ₹253.46 crore
• Earnings per share (EPS): ₹5.28, compared to –₹12.07 in FY25  

The company achieved this despite global economic challenges, rising fuel prices, and higher operating costs. 

About Dredging Corporation of India Limited  

Dredging Corporation operates under a consortium of major ports, including Visakhapatnam Port Authority, Jawaharlal Nehru Port Authority, Paradip Port Authority, and Deendayal Port Authority. 

Read More: Mankind Pharma Share Price Gains 3%; Reports 12% Revenue Growth in Q4 FY26 as Chronic Therapies Support Margin Expansion! 

Dredging Corporation of India Share Price Movement 

Dredging Corporation of India share price was trading at ₹1,085.60 on 20 May at 1:09 pm IST, up ₹80.90 or 8.05% for the day. The stock opened at ₹1,040.00 and touched an intraday high of ₹1,155.00 and a low of ₹1,035.20. The company’s market capitalisation stood at ₹3.04K crore. Over the past year, it has hit a 52-week high of ₹1,245.00 and a 52-week low of ₹538.00. 

Conclusion 

Dredging Corporation’s strong Q4 earnings and record annual turnover boosted investor confidence, driving a sharp rise in the stock.  

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