Shreeji Shipping Global has delivered exceptional financial performance in Q3, with consolidated net profit registering significant growth compared to the corresponding period last year. The shipping company demonstrated robust operational efficiency while expanding its revenue base and substantially improving its EBITDA margins during the quarter.

Financial Performance Highlights

The company's Q3 results showcase impressive growth across key financial metrics:

Strong Profitability Growth

The consolidated net profit of ₹325 million represents a substantial 135% year-on-year increase from ₹138 million recorded in Q3 of the previous year. This significant improvement in bottom-line performance indicates enhanced operational efficiency and effective cost management strategies implemented by the company.

EBITDA Performance Surge

Shreeji Shipping Global's EBITDA performance was particularly impressive, reaching ₹564 million compared to ₹268 million in the corresponding quarter of the previous year, marking a robust 110% year-on-year growth. The EBITDA margin expanded significantly to 28.50% from 17.61% in the previous year, representing an improvement of 1089 basis points and demonstrating exceptional operational leverage.

Revenue Expansion

Revenue for the quarter reached ₹1.98 billion, marking a solid 32% growth compared to ₹1.5 billion in the corresponding quarter of the previous year. This revenue expansion demonstrates the company's ability to capture market opportunities and grow its business operations in the shipping sector.

Performance Analysis

The financial results reflect outstanding operational performance, with both profit and EBITDA growth significantly outpacing revenue growth. The substantial margin expansion indicates improved operational efficiency and cost optimization, suggesting that the company has been highly successful in scaling its business operations while maintaining strong cost discipline during the quarter.

Shreeji Shipping Global Limited has filed two applications before the Gujarat High Court as part of ongoing admiralty proceedings involving five of its vessels. The company disclosed these developments on January 21, 2026, in continuation of its previous disclosures dated December 27, 2025 and January 07, 2026.

Court Applications Filed

The company has submitted two separate applications to address the current situation regarding its arrested vessels:

Vessel Release Progress

Following interim directions from the Gujarat High Court, Shreeji Shipping Global has achieved a significant milestone in the proceedings. The company successfully secured an order for the release of one vessel after furnishing the requisite bank guarantee as directed by the court.

Current Status and Next Steps

Both applications are currently under consideration before the Gujarat High Court. The company has committed to keeping the stock exchanges informed of any material developments in the matter, in accordance with applicable regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The disclosure follows the company's ongoing compliance obligations regarding the admiralty proceedings. Shreeji Shipping Global has maintained transparency with stakeholders through regular updates as the legal proceedings progress through the judicial system.

The company's proactive approach in filing these applications demonstrates its efforts to resolve the vessel arrest situation while maintaining its legal position in the ongoing admiralty proceedings.