Dredging Corporation of India reports standalone net loss of Rs 34.18 crore in the September 2025 quarter,
Net Loss of Dredging Corporation of India reported to Rs 34.18 crore in the quarter ended September 2025 as against net loss of Rs 33.51 crore during the previous quarter ended September 2024. Sales rose 3.56% to Rs 211.79 crore in the quarter ended September 2025 as against Rs 204.50 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales211.79204.50 4 OPM %11.78-0.74 - PBDT3.46-17.56 LP PBT-33.07-55.29 40 NP-34.18-33.51 -2 Powered by Capital Market - Live News
Dredging Corporation of India to hold board meeting,
Dredging Corporation of India will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live News
PM announces Rs 4,000 investment dedicated to modernize Dredging Corporation of India,
A landmark announcement was made by the Hon`ble Prime Minister Narendra Modi during the inauguration of India Maritime Week 2025, unveiling transformative initiatives under the Maritime Amrit Kaai Vision. Among these, a major highlight was the Rs 4,000 crore investment dedicated to the modernization of Dredging Corporation of India (DCIL).DCIL operates under a consortium of four major ports - Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) - functioning under the aegis of the Ministry of Ports, Shipping & Waterways (MoPSW).This modernization initiative aims to significantly enhance DCIL`s dredging capacity, operational efficiency, and global competitiveness through the acquisition of advanced dredgers, technological upgradation, and sustainable practices.The Rs 4,000 crore investment will focus on:Fleet modernization and capacity enhancement to strengthen India`s dredging infrastructure; Construction of new dredgers in Indian shipyards, promoting the `Make in India` initiative; In this Direction approval of Ministry was already given for procurement three new TSHDs out of which DCI has already placed the order for one 12000 CuM TSHD - DCI DREDGE GODAVARI in March 2022. The vessel was launched very recently on 18th October 2025. The vessel was expected to be delivered in July 2026. It is planned to planned to place the order for another 12000 CuM TSHD in next few months and order for another dredger would follow subsequently. Further, DCI also plans to procure one Cutter Suction Dredger, a water injection dredger another TSHD of lower capacity to do shallow draft dredging and also six beavers dredgers of different capacities for dredging in inland waterways/ canals etc. Adoption of digital, automation, and green dredging technologies for sustainable operations; andSkill development and upskilling of technical manpower to align with global standards.The total investment for procurement of these 11 dredgers and other initiatives is Rs.4000 crore and would enable DCI would place its foot firmly not only in the maintenance dredging market which it is already leading in India but also in Capital dredging, as well as the Inland Waterways, which the Government is putting a lot of impetus. Powered by Capital Market - Live News
Dredging Corporation of India schedules AGM,
Dredging Corporation of India announced that the Annual General Meeting(AGM) of the company will be held on 25 September 2025.Powered by Capital Market - Live News
Dredging Corporation of India reports standalone net loss of Rs 23.33 crore in the June 2025 quarter,
Net Loss of Dredging Corporation of India reported to Rs 23.33 crore in the quarter ended June 2025 as against net loss of Rs 31.40 crore during the previous quarter ended June 2024. Sales rose 60.64% to Rs 242.24 crore in the quarter ended June 2025 as against Rs 150.80 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales242.24150.80 61 OPM %19.378.13 - PBDT16.586.08 173 PBT-23.19-30.98 25 NP-23.33-31.40 26 Powered by Capital Market - Live News
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