Dredging Corporation of India Limited (DCIL) has posted its highest-ever annual turnover of ₹1,214.09 crore in the financial year 2025-26, marking the best performance in its five-decade journey.
The company announced the record performance in a statement on 19 May 2026.
DCIL said the turnover was the highest since its inception and represented a new benchmark for the organisation.
DCIL is India’s premier dredging organisation and functions under a consortium of four major ports – Visakhapatnam Port Authority, Jawaharlal Nehru Port Authority, Paradip Port Authority and Deendayal Port Authority.
The company also registered a profit after tax of ₹4.75 crore in FY 2025-26. According to DCIL, the result reflected operational efficiency, prudent financial management and the commitment of Team DCI.
The company said it delivered the performance despite challenging global economic conditions and inflationary pressures linked to volatile geopolitical developments.
It also cited rising fuel prices, higher operational costs and intense pricing pressure among the challenges faced during the year.
DCIL reported an operational profit, or EBITA, of ₹253.46 crore for FY 2025-26. The company said the performance highlighted its resilience, strategic planning and execution capability.
The company said Team DCI continued to deliver ongoing dredging projects efficiently and within stipulated timelines, ensuring client satisfaction across ports and maritime infrastructure projects.
Earnings per share improved to ₹5.28 in FY 2025-26 from negative ₹12.07 in the previous financial year 2024-25.
DCIL said the improvement reflected enhanced shareholder value and sustained growth momentum.
Madhaiyan Angamuthu, Chairman of Dredging Corporation of India, Visakhapatnam Port Authority and Mumbai Port Authority, and Capt S Divakar, Managing Director and Chief Executive Officer of DCIL, expressed satisfaction over the company’s turnaround performance.
They also conveyed confidence that DCIL would continue to overcome future challenges through collective efforts and emerge stronger in the years ahead.
The management said DCIL remains committed to sustaining the growth trajectory and strengthening its position as the nation’s leading dredging company.
For FY 2026-27, the company has set a target of achieving turnover of ₹1,500 crore.
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