Dredging Corporation Scripts History, Registers Highest Ever Annual Turnover in FY 2025–26
Visakhapatnam:
Port Wings News Network:
Dredging Corporation of India Limited (DCIL), India’s premier dredging organization under the consortium of four major ports – Visakhapatnam Port Authority, Jawaharlal Nehru Port Authority, Paradip Port Authority and Deendayal Port Authority – has achieved a historic milestone by posting its highest ever Annual Turnover of Rs. 1214.09 Crore during the Financial Year 2025–26, the best performance since its inception over the last five decades.
The Company has also registered a profit after Tax (PAT) Rs 4.75 Crore for the Financial Year 2025–26, reflecting strong operational efficiency, prudent financial management and unwavering commitment of Team DCI.
Despite challenging global economic conditions and persistent inflationary pressures triggered by volatile geopolitical developments across the world, DCIL demonstrated remarkable resilience throughout the year. The Company successfully navigated multiple operational challenges including rising fuel prices, increased operational costs and intense pricing pressures while still delivering an impressive Operational Profit (EBITA) Rs 253.46 Crore for the FY 2025–26.
The Company’s robust performance highlights its adaptability, strategic planning and execution excellence. Team DCI continued to deliver all ongoing dredging projects efficiently and within stipulated timelines, ensuring complete satisfaction of clients across various ports and maritime infrastructure projects.
The Earnings Per Share (EPS) for FY 2025–26 improved significantly to Rs 5.28, from negative Rs 12.07 in the previous financial year 2024-25, reflecting enhanced shareholder value and sustained growth momentum.
Speaking on this landmark achievement, Madhaiyan Angamuthu, Chairman, Dredging Corporation of India / Visakhapatnam Port Authority & Mumbai Port Authority, and Capt S Divakar, MD & CEO, DCIL, expressed immense satisfaction over the turnaround performance of the Company and conveyed their complete confidence that DCIL would continue to overcome future challenges through collective efforts and emerge even stronger in the years ahead.
The Management reiterated that DCIL remains fully committed to sustaining this growth trajectory and further strengthening its position as the nation’s leading dredging company. The Company has set an ambitious target of achieving a turnover of Rs. 1500 Crore during the Financial Year 2026–27. This remarkable achievement stands as a testimony to the dedication, professionalism and relentless efforts of Team DCI in steering the Company towards sustained growth and operational excellence.
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