Shipping Corporation of India Q2 FY27 Results: Net Profit Surges 267% YoY to ₹646 Crore – Indian PSU
The Shipping Corporation of India (SCI) has reported an impressive financial performance for the second quarter of FY 2026-27, with standalone net profit jumping 267.3% year-on-year to ₹646.04 crore against ₹175.89 crore in the corresponding quarter of the previous financial year.
The company’s revenue from operations also registered robust growth, increasing 71.1% to ₹2,289.59 crore in Q2 FY27 compared with ₹1,338.50 crore in Q2 FY26.
SCI’s standalone profit before tax surged to ₹655.36 crore during the quarter, against ₹200.70 crore in the corresponding period last year, reflecting a significant improvement in its financial performance. Quartr+1
Consolidated Financial Performance
On a consolidated basis, SCI reported revenue from operations of ₹2,290.73 crore, registering 71.1% growth over ₹1,338.87 crore in Q2 FY26.
Consolidated net profit increased 205.4% to ₹577.76 crore against ₹189.16 crore in the year-ago quarter. Consolidated earnings per share (EPS) stood at ₹12.40 compared with ₹4.06 in Q2 FY26. moizz+1
Strong Half-Year Performance
For the first half of FY27, SCI reported standalone revenue from operations of ₹4,134.23 crore and net profit of ₹1,310.33 crore.
The company’s consolidated net profit for the six-month period stood at ₹1,197.10 crore, while consolidated revenue from operations reached ₹4,137.29 crore. Quartr+1
Board Declares Interim Dividend
The Board of Directors has also declared an interim dividend of ₹4 per equity share, representing 40% of the face value of ₹10 per share.
The record date for determining eligible shareholders has been fixed as November 16, 2026.
