The Shipping Corporation of India Limited (NSE:SCI)
333.45
-3.80 (-1.13%)
May 20, 2026, 9:15 AM IST
The Shipping Corporation of India Earnings Call Transcripts
Fiscal Year 2026
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Net profit and operating revenue rose significantly year-over-year, driven by strong tanker segment performance and strategic fleet expansion. Ongoing geopolitical disruptions impacted vessel deployment, but robust financials and government support position the company for continued growth.
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Q2 FY26 saw steady revenue growth and strong liquidity, though profits declined due to forex losses and absence of prior non-recurring income. Major expansion is planned via a JV with oil PSUs, targeting 2-3x revenue growth and 50% margins over five years.