Shipping Corporation of India Ltd
The Board of Directors of the Company at their meeting held on 06.08.2026 considered and approved the Unaudited Standalone and Consolidated Financial Statements for the quarter ended 30.06.2026.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 06 Aug 2026, 07:10 PM IST · BSE ID: 05e4a332-e74c-4e1a-bfa4-6c85c4bf6fd7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its latest financial results, reporting a standalone net profit of Rs. 66,429 lakhs for the recent quarter.
🤖 AI Summary
- Board of Directors approved Unaudited Standalone and Consolidated Financial Statements for Q1 FY27.
- Standalone revenue from operations was Rs. 1,84,464 lakhs for the quarter ended June 30, 2026.
- Standalone net profit for the quarter stood at Rs. 66,429 lakhs.
- Tanker segment generated Rs. 1,29,546 lakhs in revenue and Rs. 52,523 lakhs in profit before tax and interest.
- Total standalone assets reported at Rs. 13,19,486 lakhs as of June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from operations
Rs. 1,84,464 lakhs
40.13%
Standalone Profit for the period
Rs. 66,429 lakhs
93.54%
Standalone Basic earnings per share
Rs. 14.26
93.49%
Total Standalone Assets
Rs. 13,19,486 lakhs
🏢 How This Affects the Company
Revenue from operations increased, driven primarily by the Tanker segment, which reported Rs. 1,29,546 lakhs in revenue for the quarter ended June 30, 2026.
The company reported a standalone net profit of Rs. 66,429 lakhs, an increase from Rs. 34,323 lakhs in the comparable prior period, impacting profitability.
Auditors highlighted ongoing matters regarding balance confirmations, reconciliation of balances, and net tax assets, asserting no material financial impact. The strategic disinvestment process by the Government of India remains in progress.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with basic earnings per share at Rs. 14.26 for Q1 FY27, compared to Rs. 7.37 in Q1 FY26.
🔍
Management Signal
The Board's approval of the unaudited financial statements signals adherence to regulatory reporting requirements and transparency regarding financial performance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — assess revenue growth and profitability trends
Updates on the Government of India's strategic disinvestment process
Further details on auditor's notes regarding balance reconciliations
MEDIUM RISK
Ongoing strategic disinvestment process and auditor's notes on certain reconciliation practices represent specific identified risks.
💡 Investor Takeaway
Shipping Corporation of India reported standalone net profit of Rs. 66,429 lakhs for Q1 FY27, a 93.54% increase from Rs. 34,323 lakhs in Q1 FY26. Revenue from operations grew to Rs. 1,84,464 lakhs, a 40.13% increase over Rs. 1,31,568 lakhs in the prior year.
⚖️ Strengths & Concerns
✅ Positives
- Standalone net profit increased to Rs. 66,429 lakhs for Q1 FY27, up from Rs. 34,323 lakhs in Q1 FY26.
- Revenue from operations rose to Rs. 1,84,464 lakhs in Q1 FY27, compared to Rs. 1,31,568 lakhs in Q1 FY26.
⚠️ Concerns
- Auditors noted management's assertion that reconciliation impacts on foreign exchange gain/loss and tax assets would not be material, rather than a completed reconciliation.
- Other comprehensive income for the period was a loss of Rs. (211) lakhs, down from a gain of Rs. 259 lakhs in the prior comparable quarter.
📅 Company Track Record
In May 2026, Shipping Corporation of India's Board approved FY26 results, reporting a standalone profit of Rs. 1,32,525 lakhs for the full financial year and proposing a Re. 1 dividend per equity share.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Shipping Corporation of India's standalone net profit for Q1 FY27?
Shipping Corporation of India reported a standalone net profit of Rs. 66,429 lakhs for the quarter ended June 30, 2026.
What was the revenue from operations for Shipping Corporation of India in Q1 FY27?
The standalone revenue from operations for Shipping Corporation of India was Rs. 1,84,464 lakhs for the quarter ended June 30, 2026.
Which business segment contributed most to Shipping Corporation of India's revenue in Q1 FY27?
The Tanker segment contributed the most to revenue with Rs. 1,29,546 lakhs and generated Rs. 52,523 lakhs in profit before tax and interest for the quarter ended June 30, 2026.
What were the basic earnings per share for Shipping Corporation of India in Q1 FY27?
The basic earnings per equity share for Shipping Corporation of India was Rs. 14.26 for the quarter ended June 30, 2026.
Are there any auditor's observations in Shipping Corporation of India's Q1 FY27 results?
Auditors drew attention to ongoing practices for balance confirmations and reconciliation, and the strategic disinvestment process by the Government of India, stating no material impact on financial results.
Questions based on this BSE filing only. For information purposes.