Shipping Corporation of India (SCI), a prominent player in the maritime industry, has reported strong financial results for the second quarter of fiscal year 2025-26. The company's board has approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

Financial Highlights

Standalone Performance

• Profit after tax: Rs 17,008 lakhs for Q2 and Rs 25,157 lakhs for H1 of FY 2025-26
• Revenue from operations: Rs 74,548 lakhs for Q2

Dividend Announcement

• Interim dividend: Rs 3 per equity share (30% on face value of Rs 10 each) for FY 2025-26
• Record date: November 19, 2025

Operational Updates

Fleet Management

• Sold: Vessel Maharshi Parshuram
• Acquired: Two Very Large Gas Carrier (VLGC) vessels - Sahyadri and Shivalik

Business Segments

SCI operates across four main segments:

1. Liner
2. Bulk Carrier
3. Tanker
4. Technical & Offshore services

Strategic Disinvestment

The strategic disinvestment process by the Department of Investment and Public Asset Management (DIPAM) is ongoing. A Virtual Data Room is currently open for qualified interested parties.

Despite challenges in the global shipping industry, Shipping Corporation of India's strong Q2 results and strategic fleet management demonstrate the company's resilience and adaptability in the current market conditions.

Shipping Corporation of India (SCI) is set to release its financial results for the second quarter and first half of the fiscal year 2023-24 on November 7. The company's board will also deliberate on declaring an interim dividend during this meeting.

Key Highlights

• Results Announcement: November 7, 2023
• Period Covered: Quarter and half-year ended September 30, 2023
• Dividend Consideration: Board to consider interim dividend
• Earnings Call: Scheduled for November 10 at 4 p.m. IST

Financial Performance

While we await the Q2 results, let's look at SCI's performance in the previous quarter:

Stock Performance

SCI's stock has shown significant momentum recently:

Additional Information

• The company's trading window has been closed since October 1 and will remain shut until 48 hours after the results announcement.
• If approved, the interim dividend will be paid within 30 days of declaration.

Investors and analysts will be keenly watching SCI's Q2 results, particularly in light of the mixed performance seen in Q1, where revenue declined but profitability improved. The consideration of an interim dividend adds another layer of interest for shareholders.

The scheduled earnings call on November 10 will provide an opportunity for stakeholders to gain deeper insights into the company's performance and future outlook. As always, investors are advised to consider their financial goals and risk tolerance when making investment decisions.