Shipping Corporation of India Land & Assets (SCI L&A) has reported mixed financial results for the second quarter. While the company saw an increase in revenue, its net profit declined compared to the same period last year.

Key Financial Highlights

Revenue Growth

SCI L&A reported a significant increase in revenue, rising to ₹61.30 crore in Q2 FY2025-26 from ₹40.00 crore in the same quarter of the previous year, marking a 53.25% year-over-year growth. This substantial improvement in top-line performance indicates strong business activity and potentially increased demand for the company's services.

Profit Decline

Despite the revenue growth, the company experienced a notable decrease in net profit. SCI L&A's net profit for Q2 FY2025-26 stood at ₹41.90 crore, down from ₹128.60 crore in Q2 FY2024-25, representing a 67.42% year-over-year decline. This significant reduction in profitability may raise concerns among investors and analysts about the company's cost management and operational efficiency.

Factors Affecting Performance

While the specific reasons for the profit decline were not provided in the available data, potential factors could include:

• Increased operational costs
• Higher expenses related to expansion or new projects
• Market challenges or competitive pressures
• One-time expenses or write-offs

Upcoming Board Meeting

In a recent corporate filing, SCI L&A announced that its Board of Directors is scheduled to meet on Friday, November 7, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The board will also consider declaring an interim dividend, if any.

Investors should note that the trading window for the company's securities is closed from October 1, 2025, and will remain closed until 48 hours after the declaration of the financial results.

As SCI L&A navigates through these mixed financial results, stakeholders will be keen to see how the company addresses the challenges in profitability while capitalizing on its revenue growth momentum.

The Indian government is reportedly considering a pause in its plans to privatise Shipping Corporation of India (SCI), a move that signals a significant shift in strategy amid changing global trade dynamics and geopolitical conditions.

Shift in Focus: From Divestment to Capacity Building

Sources close to the matter indicate that the government may be leaning towards strengthening SCI as a national carrier. This potential change in approach is primarily driven by two key factors:

1. The need to handle disruptions in global shipping routes
2. A desire to reduce India's dependence on foreign vessels

This strategic pivot could underscore the government's recognition of SCI's potential role in navigating the complexities of international maritime trade, especially during times of global uncertainty.

Long-Term Business Plan Approved

In a related development, SCI's Board of Directors has recently approved a Long-Term Business Plan prepared by the company's consultant. This approval occurred on October 23, 2025, at 14:33 hours, suggesting that SCI is taking steps to solidify its future operations and strategy.

Potential Implications of the Policy Shift

If the government decides to pause privatisation and focus on strengthening SCI, it could have several implications:

Looking Ahead

While the government has not made an official announcement regarding the privatisation pause, this reported shift in strategy may reflect a broader reassessment of national priorities in the face of evolving global challenges. Stakeholders will be keenly watching for further developments and official communications from both the government and SCI regarding the company's future direction and role in India's maritime sector.

As global trade patterns continue to evolve, the government's approach to SCI could serve as an indicator for its broader economic and strategic policies in the maritime domain.