Shipping Corporation of India's Q3 FY 2025-26 Quarterly Results
- 07 Feb 2026
Result Summary
- Shipping Corporation of India Ltd reported a 16.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 23.6%.
- Its expenses for the quarter were up by 1.4% QoQ and down 1.9% YoY.
- The net profit increased 114.1% QoQ and increased 436.2% YoY.
- The earnings per share (EPS) of Shipping Corporation of India Ltd stood at 8.69 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1668.45 | 1436.14 | 1350.13 | 16.2% | 23.6% |
Total Expenses | 1253.28 | 1235.51 | 1277.31 | 1.4% | -1.9% |
Profit Before Tax | 415.17 | 200.63 | 72.82 | 106.9% | 470.1% |
Tax | 21.96 | 24.85 | 8.21 | -11.6% | 167.5% |
Profit After Tax | 404.97 | 189.16 | 75.52 | 114.1% | 436.2% |
Earnings Per Share | 8.69 | 4.06 | 1.62 | 114.0% | 436.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shipping Corporation of India Ltd (SCI) is a prominent entity in the maritime transport sector, primarily engaged in providing shipping services. The company operates across various segments, including bulk carriers, tankers, and offshore services, making it a crucial player in the logistics and transportation industry. As a cornerstone of India's shipping operations, SCI plays a significant role in facilitating trade and commerce through maritime routes. While specific recent developments are not detailed here, SCI's strategic position in the industry underscores its importance in supporting India's economic activities through efficient and reliable shipping services.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Shipping Corporation of India Ltd reported a total income of ₹1668.45 crores, marking a 16.2% increase compared to the previous quarter (Q2FY26) and a 23.6% rise from the same quarter in the previous year (Q3FY25), where the income was ₹1350.13 crores. This upward trajectory in revenue illustrates a substantial growth over both the quarter-over-quarter (QoQ) and year-over-year (YoY) metrics. The increase in total income suggests enhanced operational performance and potentially increased demand for the company's shipping services during this period.
Profitability
The profitability metrics for Q3FY26 demonstrate a significant improvement for Shipping Corporation of India Ltd. The company achieved a profit before tax of ₹415.17 crores, which represents a remarkable 106.9% increase from the previous quarter's figure of ₹200.63 crores, and a substantial 470.1% increase from the same quarter last year, where profits were ₹72.82 crores. The profit after tax also saw a notable rise, reaching ₹404.97 crores in Q3FY26, compared to ₹189.16 crores in Q2FY26 and ₹75.52 crores in Q3FY25. This translates to a 114.1% QoQ growth and a 436.2% YoY improvement. Furthermore, the earnings per share (EPS) stood at ₹8.69, up from ₹4.06 in the previous quarter and ₹1.62 in the same quarter last year, reflecting similar growth patterns.
Operating Metrics
An analysis of the operating metrics reveals that Shipping Corporation of India Ltd's total expenses for Q3FY26 were ₹1253.28 crores, showing a minimal 1.4% increase from Q2FY26's expenses of ₹1235.51 crores, and a slight decrease of 1.9% compared to Q3FY25, which recorded ₹1277.31 crores. The tax expenses decreased by 11.6% quarter-over-quarter from ₹24.85 crores in Q2FY26 to ₹21.96 crores in Q3FY26, but increased by 167.5% year-over-year from ₹8.21 crores in Q3FY25. The stability in expenses, coupled with significant revenue growth, contributes to the enhanced profitability metrics observed for this quarter.