Shipping Corporation (SCI) Share Price Posts its Best Day in Nearly 4 Years: Check Why

SCI share price surged sharply on Monday, February 9, after the state-run company reported strong financial results for the December quarter (Q3FY26). The stock delivered its best single-day performance in nearly four years, supported by heavy buying interest and a sharp rise in trading volumes.

On the NSE, SCI shares climbed as much as 15.76%, hitting an intraday high of ₹256.50. On the BSE, the stock rose up to 15.27% to touch ₹255.55.

Net Profit Jumps Over 5 Times

SCI reported a net profit of ₹405 crore in Q3FY26, compared with ₹76 crore in the same quarter last year. This marked a strong turnaround and reflected improved profitability across the business.

The sharp rise in profit was supported by a combination of higher revenue and lower costs. Total expenses fell 2% year-on-year to ₹1,253 crore, while finance costs declined 24% to ₹48 crore, adding further support to the bottom line.

Revenue Rises 23% in the December Quarter

The company’s revenue from operations rose 23% to ₹1,612 crore during the October–December period, up from ₹1,316 crore in the year-ago quarter. The improved revenue performance helped SCI deliver a much stronger operating result.

EBITDA Surges 90%, Margin Expands to 42%

SCI also posted a sharp improvement in operating performance. EBITDA jumped 90% to ₹678 crore, compared with ₹357 crore in Q3FY25.

The EBITDA margin expanded to 42%, up from 27% last year. This margin improvement highlighted better cost control and stronger operational efficiency during the quarter.

₹10 Interim Dividend Announced

SCI’s board approved a second interim dividend of ₹10 per share, which will be paid within 30 days of declaration. The total dividend payout is expected to be around ₹163.03 crore.

Disinvestment Process Still Underway

The company also reiterated that the strategic disinvestment process is being handled by DIPAM, with a transaction advisor involved. The due diligence process continues through a virtual data room.

Read more: Phonepe Eyes Growth Across Payments and New Platforms Ahead Of IPO.

Conclusion

Shipping Corporation of India delivered a strong Q3FY26 performance, supported by higher revenue, improved margins, and lower finance costs. The dividend announcement and ongoing disinvestment developments further added to investor interest, helping the stock post its biggest single-day gain in nearly four years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.