DCIL returns to profit in first quarter on higher operational income
Dredging Corporation of India Limited (DCIL) reported a return to profitability in the first quarter of the 2026 fiscal year. The company achieved a profit of ₹11.24 crore, driven by increased operational income and improved cost management.
Why it matters
The financial turnaround of a state-owned dredging firm indicates improved operational efficiency and better utilization of maritime infrastructure resources.
Dredging Corporation of India Limited (DCIL) reported a sharp financial and operational turnaround for the quarter ended June 30, 2026, aided by higher revenue, improved project execution and disciplined cost management.
The company posted an operational income of ₹355.43 crore in the first quarter, a 46.73% increase over ₹242.24 crore recorded in the corresponding quarter of the previous financial year.
DCIL reported a profit after tax of ₹11.24 crore, recovering from a net loss of ₹23.33 crore in the year-ago period.
The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to ₹61.86 crore from ₹46.90 crore in the corresponding quarter last year. It also continued to strengthen its financial position through better working capital management, improved recovery of receivables and optimum utilisation of resources.
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