Sci land & assets has announced that its Board of Directors will convene on February 3, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will address financial performance for both the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company issued the notification on January 28, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The formal communication was addressed to both major stock exchanges where the company's shares are listed.

Trading Window Closure

As part of the company's insider trading prevention protocol, SCILAL has implemented a trading window closure effective January 1, 2026. This measure aligns with the "SCILAL Code of Conduct for Prohibition of Insider Trading" and demonstrates the company's commitment to regulatory compliance.

Corporate Information

Shipping Corporation of India Land and Assets Limited operates as a Government of India enterprise with its registered office located at Shipping House, 245, Madame Cama Road, Nariman Point, Mumbai, Maharashtra. The company secretary and compliance officer, Mohammad Firoz, signed the official notification digitally on January 28, 2026.

The upcoming board meeting represents a routine quarterly disclosure requirement, ensuring transparency and regulatory adherence for stakeholders and investors. The company maintains its commitment to timely financial reporting and proper governance practices in line with SEBI regulations.

SCI Land & Assets Limited (SCILAL) has reported a mixed set of financial results for the second quarter of the fiscal year 2025-26. The company's profit saw a significant decline compared to the previous quarter but showed improvement year-on-year.

Quarterly Performance

SCILAL reported a profit of Rs 587.00 lakhs for the quarter ended September 30, 2025, marking a substantial decrease from Rs 1,935.00 lakhs in the previous quarter. However, when compared to the same quarter last year, the company saw an increase from Rs 1,760.00 lakhs.

Revenue and Income

The company's revenue from operations for Q2 FY2025-26 stood at Rs 613.00 lakhs, showing a slight increase from Rs 571.00 lakhs in the previous quarter and a more significant rise from Rs 399.00 lakhs in the same quarter last year.

Total income, including other income, reached Rs 2,756.00 lakhs for the quarter, marginally higher than Rs 2,681.00 lakhs in the previous quarter and Rs 2,540.00 lakhs in Q2 FY2024-25.

Expenses and Profitability

SCILAL's total expenses for the quarter increased to Rs 2,169.00 lakhs, compared to Rs 746.00 lakhs in the previous quarter and Rs 780.00 lakhs in the same quarter last year. This surge in expenses significantly impacted the company's profitability for the quarter.

Half-Yearly Performance

For the half-year ended September 30, 2025, SCILAL reported a profit of Rs 2,522.00 lakhs, lower than the Rs 3,390.00 lakhs reported in the corresponding period of the previous year.

Financial Position

As of September 30, 2025, SCILAL's total assets stood at Rs 3,54,624.00 lakhs, slightly higher than Rs 3,51,575.00 lakhs reported at the end of the previous fiscal year on March 31, 2025.

Segment-wise Performance

The company operates in two segments: MTI (Maritime Training Institute) and Others. For Q2 FY2025-26:

The MTI segment showed a loss, while the Others segment, which includes investment property, HRA & HRR recovery, rent income, and interest income, remained profitable.

Board Approval

The Board of Directors approved these results at their meeting held on November 4, 2025.

SCILAL continues to operate in a challenging environment, as reflected in its mixed quarterly results. While the company has shown year-on-year improvement in profitability for the quarter, the significant quarter-on-quarter decline and increased expenses may require careful monitoring in the coming periods.