Shipping Corporation of India Ltd
The Board of Directors at their meeting held on 06.08.2026 considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30.06.2026.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 06 Aug 2026, 07:25 PM IST · BSE ID: b1e9524e-440f-40c5-af90-5bddb08b1c69
View Original BSE Filing (PDF)
💡
In Simple Terms
Shipping Corporation of India reported a standalone net profit of Rs. 66,429 lakhs for the first quarter of financial year 2027.
🤖 AI Summary
- Board approved Unaudited Standalone and Consolidated Financial Results for quarter ended 30.06.2026.
- Standalone net profit for Q1 FY27 was Rs. 66,429 lakhs, up 93.54% from Q1 FY26.
- Revenue from operations for the quarter ended 30.06.2026 stood at Rs. 1,84,464 lakhs.
- Tanker segment contributed Rs. 1,29,546 lakhs to segment revenue for the quarter.
- Basic earnings per share for the quarter ended 30.06.2026 was Rs. 14.26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) for the period (Standalone)
66,429 lakhs
93.54%
Revenue from operations (Standalone)
1,84,464 lakhs
40.20%
Total Expenses (Standalone)
1,27,928 lakhs
15.66%
Basic earnings per share
14.26
93.49%
🏢 How This Affects the Company
The company's revenue from operations increased to Rs. 1,84,464 lakhs from Rs. 1,31,568 lakhs in the comparable prior period, indicating growth in its core shipping activities. The Tanker segment remains the largest contributor to both revenue and profit before tax and interest.
Standalone profit for the period significantly increased to Rs. 66,429 lakhs from Rs. 34,323 lakhs in Q1 FY26. This resulted in higher basic earnings per share of Rs. 14.26 for the quarter.
The auditor's report highlights ongoing matters regarding trade receivables, payables, deposits, and agent/vendor/customer balances, stating management's assertion that the impact would not be material. Strategic disinvestment process by the Government of India is 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
All shareholders are affected as these results impact the company's financial performance and valuation metrics for the quarter ended 30.06.2026.
🔍
Management Signal
The approval of the unaudited financial results signals management's formal reporting of the company's performance for Q1 FY27.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for sustained growth in profit and revenue.
Updates on the strategic disinvestment process by the Government of India.
Further details on reconciliation of balances noted by auditors.
MEDIUM RISK
Auditor notes on reconciliation of balances and ongoing strategic disinvestment process introduce some uncertainty.
💡 Investor Takeaway
Shipping Corporation of India reported standalone net profit of Rs. 66,429 lakhs for the quarter ended 30.06.2026, marking a 93.54% increase from Rs. 34,323 lakhs in Q1 FY26. Revenue from operations grew 40.20% to Rs. 1,84,464 lakhs from Rs. 1,31,568 lakhs. Basic EPS was Rs. 14.26.
⚖️ Strengths & Concerns
✅ Positives
- Standalone profit for the period increased by 93.54% to Rs. 66,429 lakhs for Q1 FY27 from Rs. 34,323 lakhs in Q1 FY26.
- Revenue from operations rose by 40.20% to Rs. 1,84,464 lakhs for Q1 FY27 from Rs. 1,31,568 lakhs in Q1 FY26.
⚠️ Concerns
- Unallocated interest expense for Q1 FY27 stood at Rs. 1,572 lakhs, representing a 1.25% decrease from Rs. 1,880 lakhs in Q1 FY26.
- Total Segment Liabilities increased to Rs. 2,78,542 lakhs for Q1 FY27 from Rs. 1,82,405 lakhs in Q1 FY26.
📅 Company Track Record
Shipping Corporation of India reported a standalone net profit of Rs. 66,429 lakhs for Q1 FY27, up from Rs. 34,323 lakhs in Q1 FY26. For the full FY26, the company reported a standalone profit of Rs. 1,32,525 lakhs and proposed a Re. 1 dividend.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Shipping Corporation of India's standalone net profit in Q1 FY27?
Shipping Corporation of India reported a standalone net profit of Rs. 66,429 lakhs for the quarter ended 30.06.2026. This represents a 93.54% increase compared to Rs. 34,323 lakhs in Q1 FY26.
What was Shipping Corporation of India's standalone revenue from operations in Q1 FY27?
Standalone revenue from operations for Shipping Corporation of India in the quarter ended 30.06.2026 was Rs. 1,84,464 lakhs. This is a 40.20% increase from Rs. 1,31,568 lakhs in Q1 FY26.
Which segment contributed most to Shipping Corporation of India's Q1 FY27 revenue?
The Tanker segment contributed the most to segment revenue in Q1 FY27, with Rs. 1,29,546 lakhs for the quarter ended 30.06.2026. It also generated the highest segment profit before tax and interest at Rs. 52,523 lakhs.
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 for the quarter ended 30.06.2026 was Rs. 14.26. This is an increase from Rs. 7.37 in Q1 FY26.
Questions based on this BSE filing only. For information purposes.