Posted on November 10, 2026
Dredging Corporation of India Limited (DCIL) has reported a significant turnaround in financial performance for Q2 FY 2026–27, reflecting improved operational efficiency, effective fleet deployment and prudent financial management.
Income from operations undertaken by the Company’s own dredgers increased by 23.08% to ₹198.66 crore, compared with ₹161.41 crore in the corresponding quarter last year. Total revenue stood at ₹211.83 crore.
EBITDA increased by 58.58% to ₹41.69 crore from ₹26.29 crore. Profit Before Tax (PBT) improved to ₹7.51 crore against a loss of ₹33.06 crore, while Profit After Tax (PAT) stood at ₹7.31 crore compared with a loss of ₹34.17 crore in Q2 FY 2025–26.
For the half-year ended September 30, 2026, total revenue increased to ₹568.29 crore from ₹456.43 crore, while EBITDA rose to ₹104.60 crore from ₹74.26 crore. PAT registered a significant improvement to ₹18.54 crore against a loss of ₹57.51 crore in the corresponding period last year.
The improved performance was supported by lower depreciation and finance costs, although higher fuel prices continued to impact operating expenditure.
Shri Jasmeet Singh Bindra, IRTS, Chairman (Non-Executive), DCIL, stated:
“The strong financial turnaround during Q2 FY 2026–27 marks an important milestone in DCIL’s journey towards sustained profitability. Growth in own-dredger income and improved operational performance reflect the Company’s resilience, strategic focus and prudent financial management.”
Capt. S. Divakar, Managing Director & CEO, DCIL, stated:
“This improved performance reflects the dedication and commitment of Team DCIL. Despite rising fuel prices and operational challenges, the Company has achieved a significant turnaround through focused project execution, effective fleet deployment and cost management. We remain committed to enhancing operational efficiency, expanding business opportunities and delivering world-class dredging solutions to support India’s maritime infrastructure growth.”
