Dredging Corporation of India
639.30
-7.90(-1.22%)
Market Cap₹1,790.04 Cr
PE Ratio-
Company Performance:
1D-1.22%
1M-3.43%
6M+13.88%
1Y-31.91%
5Y+129.35%
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Latest news about Dredging Corporation of India
Dredging Corporation of India: Q4 Results Spark 15% Share Price Surge May 21, 2025
Dredging Corporation of India (DCI) has reported a significant financial turnaround in Q4 FY2023-24. The company posted a net profit of ₹21.40 crore, up 33.80% year-over-year, with revenue increasing by 42.50% to ₹462.00 crore. EBITDA grew by 46.70% to ₹76.70 crore, with margins expanding to 16.60%. For the full fiscal year, DCI reported a net profit of ₹35.70 crore, recovering from a loss of ₹196.20 crore in the previous year. The company's share price surged up to 15% to ₹779.00 following the announcement.
Dredging Corporation of India Swings to Profit in Q4, Reports Robust Revenue Growth May 20, 2025