Shipping Corporation of India Land and Assets Ltd posts Unaudited Standalone Financial Results for Quarter Ended June 30, 2026

Shipping Corporation of India Land and Assets Ltd posts Unaudited Standalone Financial Results for Quarter Ended June 30, 2026

Shipping Corporation of India Land and Assets Ltd posts Unaudited Standalone Financial Results for Quarter Ended June 30, 2026​

Shipping Corporation of India Land and Assets Limited (SCILAL), a Government of India Enterprise, announced its Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The results were considered and approved by the Board of Directors at their meeting held on August 4, 2026.

The financial reports provide segment-wise details covering revenue, results, assets, and liabilities, comparing figures across multiple periods, including audited and unaudited data for both the current fiscal year and previous periods.

Financial Performance Overview​

The company's results are categorized across two segments: MTI (MTI segment includes training institution where training fees form the operating income) and OTHERS (OTHERS segment includes Investment Property from which rental income is earned, along with interest income).

The financial data highlights the performance metrics for the quarter ended June 30, 2026. Key figures across the segments are summarized in lakhs:

Financial MetricSegmentQ ended 30.06.2026 (Unaudited)Q ended 31.03.2026 (Audited)Q ended 30.06.2025 (Unaudited)
Total Segment RevenueMTI524426490
Total Segment RevenueOTHERS2,2572,1582,191
Total Segment RevenueSTANDALONE2,7812,5842,681
Total Segment ResultsMTI(376)(483)2
Total Segment ResultsOTHERS2,1983551,933
Total Segment ResultsSTANDALONE1,822(128)1,935

Balance Sheet Highlights​

The standalone figures for the quarter ended June 30, 2026, also included segment-wise data on assets and liabilities. Total Segment Assets stood at 3,56,841 lakhs.

Segment Liabilities showed totals as follows:
  • MTI Segment Liabilities: 8,198 lakhs
  • OTHERS Segment Liabilities: 46,771 lakhs
  • Total Segment Liabilities: 54,969 lakhs

Additional Notes​

In the notes accompanying the financial results, it was noted that the standalone figures were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditor conducted a limited review of the unaudited financial results for the quarter ended 30.06.2026 and issued an unmodified review report.

The company also noted that as part of a supplementary audit conducted by the Comptroller & Auditor General of India (C&AG) for the financial year 2025-26, it received a "NIL" comment on July 6, 2026, regarding the financials for the year ended March 31, 2026.

SCILAL Stock Price Movement​

Today, shares of Shipping Corporation of India Land and Assets Limited slipped as it closed at ₹41.64 after a decline in market trading sessions. The equity registered a high volume trade, with 800,336 shares changing hands during the session.
 

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.

Last edited by a moderator:
Back
Top