Dredging Corporation of India Ltd

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

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

Lancor Holdings Ltd, Dolphin Offshore Enterprises (India) Ltd, L G Balakrishnan & Bros Ltd and South West Pinnacle Exploration Ltd are among the other gainers in the BSE's 'B' group today, 03 November 2025.Dredging Corporation of India Ltd spiked 20.00% to Rs 888.95 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.69 lakh shares were traded on the counter so far as against the average daily volumes of 27821 shares in the past one month. Lancor Holdings Ltd soared 19.99% to Rs 32.9. The stock was the second biggest gainer in 'B' group. On the BSE, 4.5 lakh shares were traded on the counter so far as against the average daily volumes of 28745 shares in the past one month. Dolphin Offshore Enterprises (India) Ltd surged 19.25% to Rs 436.45. The stock was the third biggest gainer in 'B' group. On the BSE, 20608 shares were traded on the counter so far as against the average daily volumes of 170 shares in the past one month. L G Balakrishnan & Bros Ltd advanced 14.67% to Rs 1626.3. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.48 lakh shares were traded on the counter so far as against the average daily volumes of 2864 shares in the past one month. South West Pinnacle Exploration Ltd spurt 13.83% to Rs 179.8. The stock was the fifth biggest gainer in 'B' group. On the BSE, 75884 shares were traded on the counter so far as against the average daily volumes of 19473 shares in the past one month. Powered by Capital Market - Live

The deals aim to expand dredging capacity, modernise the fleet, and strengthen its global presence. The company tied up with major ports for dredging projects and Cochin Shipyard for dredger construction and repair. It also partnered with NMDC Abu Dhabi for a global JV, BEML for indigenous parts, and IHC for modernising dredgers. An MoU with IIT Chennai's National Technology Centre for Ports, Waterways & Coasts (NTCPWC) will cover bathymetry surveys and training programmes. IOCL will ensure fuel and lubricant supply to Dredging Corporation of India Ltd (DCIL) vessels. Chairman Dr. M. Angamuthu said the MoUs align with the Maritime Amrit Kaal Vision. The government plans to invest Rs 4,000 crore to build 11 new dredgers and upgrade existing ones. CEO Capt. S. Divakar said the partnerships will boost efficiency and reinforce DCIL's position as India's top dredging company. DCIL currently handles about 55% of India's dredging needs. DCIL operates under a consortium of four major ports ' Visakhapatnam, Paradip, Jawaharlal Nehru and Deendayal Port Authorities. As on September 2025, this consortium held 73.47% stake in DCIL. The company reported standalone net loss of Rs 23.33 crore in Q1 FY26 as against net loss of Rs 31.40 crore in Q1 FY25. Revenue from operations jumped 60.6% year-on-year to Rs 242.24 crore in Q1 FY26. Powered by Capital Market - Live

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; and Skill 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

This appointment will be effective from 16 October 2025, following the completion of the tenure of Durgesh Kumar Dubey, IRTS, whose term as managing director (MD) & CEO (additional charge) ends on 15 October 2025. Capt. Divakar will hold the position until a regular incumbent assumes the role, or for a period of six months, or until further orders, whichever is earlier. Capt. S. Divakar, born on June 23, 1968, holds a Dredge Master Grade-I Certificate of Competency. He began his career at DCI as a cadet in 1987 and served onboard dredgers for 22 years, rising through the ranks from Cadet to Captain. Leveraging his extensive experience in both operations and shore service, Capt. Divakar has over 34 years of experience encompassing both technical and commercial aspects of dredging operations. He has held senior management roles ashore for approximately 12 years and is credited with his unique expertise in managing dredger operations and techno-commercial functions. Capt. Divakar currently holds 99 shares in DCI. Dredging Corporation of India is providing comprehensive dredging services including capital dredging, maintenance dredging, land reclamation, and beach nourishment for major and minor Indian ports, as well as naval establishments. The company reported standalone net loss of Rs 23.33 crore in Q1 FY26 as against net loss of Rs 31.40 crore in Q1 FY25. Revenue from operations jumped 60.6% year on year to Rs 242.24 crore in Q1 FY26. Shares of Dredging Corporation of India shed 1.05% to Rs 609.95 on the BSE. Powered by Capital Market - Live

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

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

Dredging Corporation of India will hold a meeting of the Board of Directors of the Company on 13 August 2025.Powered by Capital Market - Live

Dredging Corporation of India announced that Rajat Sachar and Vinod Kumar Pipersenia have ceases to be independent directors of the company with effect from 26 May 2025 on completion of tenure of their appointment. Powered by Capital Market - Live