DCIL reports Q2 profitability turnaround with PAT ₹7.31 crore

VISAKHAPATNAM Public sector unit Dredging Corporation of India Limited (DCIL) reported a strong financial turnaround in the second quarter ended September 30, 2026 (Q2 FY 2026–27), posting a Profit After Tax (PAT) of ₹7.31 crore against a net loss of ₹34.17 crore in the corresponding period of the previous fiscal. Driven by efficient fleet deployment and prudent financial management, the Visakhapatnam-headquartered dredging major registered a 58.58% year-on-year rise in Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA), which stood at ₹41.69 crore compared to ₹26.29 crore in Q2 FY 2025–26.

Operational income generated from the company’s own dredgers grew by 23.08% to reach ₹198.66 crore, up from ₹161.41 crore in the corresponding quarter last year. Total revenue for Q2 stood at ₹211.83 crore.

Half-Yearly Performance For the first half of the financial year (H1 FY27), DCIL’s total revenue escalated to ₹568.29 crore from ₹456.43 crore recorded in H1 FY26.