Dredging Corporation of India Reports Q1 FY2026 Results; Total Income Reaches 35,646.65 Lakhs

Dredging Corporation of India Reports Q1 FY2026 Results; Total Income Reaches 35,646.65 Lakhs

Dredging Corporation of India Reports Q1 FY2026 Results; Total Income Reaches 35,646.65 Lakhs​

Dredging Corporation of India Limited released its unaudited standalone financial results for the quarter ending June 30, 2026. The company recorded a net profit after tax of 1,123.54 lakhs for the quarter and maintained substantial revenues compared to the previous year and full fiscal year data.

The financial statements detail strong performance in generating income through operations, while maintaining a specific structure regarding assets and liabilities as of June 30, 2026.

Financial Performance Highlights (Quarter Ended June 30, 2026)​

For the quarter ending June 30, 2026, the company reported Revenue from operations amounting to 35,543.41 lakhs. Total income, including Other Income, stood at 35,646.65 lakhs. The corporation generated a profit before tax of 1,149.54 lakhs.

The net profit for the period after accounting for taxes was reported as 1,123.54 lakhs. Total comprehensive income for the quarter also stood at 1,123.54 lakhs. Earnings per equity share (Basic and Diluted) were reported at 4.01 in Rs.

For comparison, the full year ended March 31, 2026, saw a total income of 121,409.84 lakhs, against which Net Profit after tax for that period was 475.35 lakhs.

Key financial metrics comparing the quarter and the full fiscal year are summarized below:

MetricQuarter Ended June 30, 2026 (Un-Audited)Year Ended March 31, 2026 (Audited)
Total Income (I+ II)35,646.65 lakhs121,409.84 lakhs
Profit before tax (VII)1,149.54 lakhs657.83 lakhs
Net Profit for the period (IX)1,123.54 lakhs475.35 lakhs
EPS (Basic/Diluted)4.015.28

Balance Sheet Snapshot​

As of June 30, 2026, the company reported Total Assets of 309,991.34 lakhs. The balance sheet details show a capital structure where Equity stands at 124,455.22 lakhs.

Total liabilities were recorded at 185,536.11 lakhs. These include Non-current Liabilities and Current Liabilities:
  • Non-current liabilities totaled 73,528.10 lakhs.
  • Current liabilities amounted to 112,008.01 lakhs.

Financial Ratios Analysis​

The results indicate strong performance metrics across various financial health indicators for the period and comparison years.

RatioQuarter Ended 30/06/2026Year Ended 31/03/2026
Debt-equity ratio0.89:10.88:1
Interest Coverage ratio6.48:15.22:1
Net worth (in Rs. Lakhs)1,24,455.221,23,035.21
Current ratio0.88:10.96:1
Net Profit Margin (%)3.98%0.39%

The results have been reviewed by independent auditors and are certified by the Chief Financial Officer and the Managing Director & CEO of Dredging Corporation of India Limited.

DREDGECORP Stock Price Movement​

Dredging Corporation of India Limited shares today climbed to settle at ₹1120.90 in post-market trading, after the stock edged higher by 2.95%. The equity saw robust activity, with a total traded volume recorded at 110,401 shares.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top