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Quarterly Results

SCI · Shipping Corporation Of India Limited · NSE · Filed 6 Aug · 1 min read

SCI's Q1 FY27 standalone profit rises sharply on tanker segment

Shipping Corporation of India's Board approved unaudited quarterly results, with standalone profit up year-on-year led by its tanker business.

What was filed

On 6 August 2026, SCI's Board approved the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. The joint statutory auditors, D. R. Mohnot & Co and PSD & Associates, carried out a limited review and issued an unmodified conclusion on both sets of results.

The disclosure is the standard quarterly outcome under Regulations 30 and 33 of SEBI's Listing Regulations. The substance sits in the numbers and the notes that accompany them.

Where the earnings came from

On a standalone basis, revenue from operations rose year-on-year, and both pre-tax and net profit were materially higher than the same quarter a year earlier. The Tanker segment — crude and product carriers and gas carriers — remained by far the largest contributor to both revenue and segment results, per the filing's segment disclosure.

Consolidated net profit came in below the standalone figure because the Group carried a negative share from its equity-method joint ventures. The filing notes that geopolitical developments in the Middle East have affected the operations of three India LNG Transport joint ventures (ILT 1, 2 and 3), whose auditors inserted a material-uncertainty-to-going-concern paragraph. SCI states these entities have sufficient resources to continue operations and are not material to the company.

The disinvestment note

The results repeat the standing note on SCI's proposed strategic disinvestment, handled by DIPAM with a Transaction Advisor. The Preliminary Information Memorandum inviting expressions of interest was released on 22 December 2020, and the filing states the Virtual Data Room is open for due diligence by qualified interested parties. The auditors drew attention to this matter without modifying their conclusion; the process and its procedural aspects are described as in progress.

Standalone revenue from operations (Q1 prior year)
₹1,31,568 → ₹1,84,464 lakhQ1 FY26 → Q1 FY27+40%
Standalone profit before tax (Q1 prior year)
₹35,531 → ₹67,320 lakhQ1 FY26 → Q1 FY27+89%
Standalone profit for the period (Q1 prior year)
₹34,323 → ₹66,429 lakhQ1 FY26 → Q1 FY27+94%
Standalone basic EPS (Q1 prior year)
₹7.37 → ₹14.26Q1 FY26 → Q1 FY27+93%
Consolidated revenue from operations (Q1 prior year)
₹1,31,604 → ₹1,84,656 lakhQ1 FY26 → Q1 FY27+40%
Consolidated profit for the period (Q1 prior year)
₹35,417 → ₹61,934 lakhQ1 FY26 → Q1 FY27+75%
Consolidated share of JV net profit/(loss)
₹(4,504) lakhs
Tanker segment revenue
₹1,29,546 lakhs

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, the quarter shows a marked year-on-year rise in standalone profit concentrated in the tanker business, alongside a drag from LNG-transport joint ventures affected by Middle East developments; the recurring note on the government's strategic disinvestment process remains an open item disclosed in the filing.

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