Shipping Corp Q2 FY27 consolidated revenue Rs 2,290.73 cr; PAT Rs 577.76 cr
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Shipping Corp Q2 FY27 consolidated revenue Rs 2,290.73 cr; PAT Rs 577.76 cr

For Q2 FY27, Shipping Corporation of India’s consolidated revenue was Rs 2,290.73 cr and profit after tax Rs 577.76 cr versus Rs 1,338.87 cr and Rs 189.16 cr a year earlier.

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Key takeaways

  • Revenue from operations for Q2 FY27 was Rs 2,290.73 cr vs Rs 1,338.87 cr a year earlier.
  • Total income for Q2 FY27 was Rs 2,371.00 cr vs Rs 1,436.16 cr in Q2 FY26.
  • Profit for the period for Q2 FY27 was Rs 577.76 cr vs Rs 189.16 cr a year earlier.
  • Total expenses for Q2 FY27 were Rs 1,716.32 cr vs Rs 1,235.53 cr in Q2 FY26.
  • Basic and diluted EPS for Q2 FY27 were Rs 12.40 vs Rs 4.06 in Q2 FY26.

Q2 FY27 · consolidated

MetricSep 2026Sep 2025Change
RevenueRs 2,290.73 crRs 1,338.87 cr+71.1%
PATRs 577.76 crRs 189.16 cr+205.4%

As reported in the filing. Figures are transcribed, not computed.

What the numbers show

  • Net margin was 25.22% of revenue, against 14.13% a year earlier.
  • Revenue rose 71.1% while total expenses rose 38.9%.

• Basis: Consolidated statement of unaudited financial results for the quarter ended 30.09.2026, with comparatives for the quarter ended 30.09.2025, as per the statement of financial results.

• Revenue from operations (quarter ended 30.09.2026): Rs 2,290.73 cr
• Corresponding quarter previous year (quarter ended 30.09.2025): Rs 1,338.87 cr

• Other income (quarter ended 30.09.2026): Rs 80.27 cr
• Corresponding quarter previous year: Rs 97.29 cr

• Total income (1+2) (quarter ended 30.09.2026): Rs 2,371.00 cr
• Corresponding quarter previous year: Rs 1,436.16 cr

• Cost of services rendered (quarter ended 30.09.2026): Rs 945.98 cr
• Corresponding quarter previous year: Rs 682.97 cr

• Employee benefits expense (quarter ended 30.09.2026): Rs 138.35 cr
• Corresponding quarter previous year: Rs 132.22 cr

• Finance costs (quarter ended 30.09.2026): Rs 48.05 cr
• Corresponding quarter previous year: Rs 47.38 cr

• Depreciation and amortisation expense (quarter ended 30.09.2026): Rs 279.68 cr
• Corresponding quarter previous year: Rs 255.73 cr

• Other expenses (quarter ended 30.09.2026): Rs 304.26 cr
• Corresponding quarter previous year: Rs 117.23 cr

• Total expenses (4) (quarter ended 30.09.2026): Rs 1,716.32 cr
• Corresponding quarter previous year: Rs 1,235.53 cr

• Profit/(loss) before exceptional items, share of net profits of investments accounted for using equity method and tax (3-4) (quarter ended 30.09.2026): Rs 654.68 cr
• Corresponding quarter previous year: Rs 200.63 cr

• Share of net profit/(loss) of associates and joint ventures accounted for using equity method (quarter ended 30.09.2026): Rs (67.58) cr
• Corresponding quarter previous year: Rs 13.38 cr

• Profit/(loss) before exceptional items and tax (5+6) (quarter ended 30.09.2026): Rs 587.10 cr
• Corresponding quarter previous year: Rs 214.01 cr

• Profit/(loss) before tax (9) (quarter ended 30.09.2026): Rs 587.10 cr
• Corresponding quarter previous year: Rs 214.01 cr

• Total tax expense (10) (quarter ended 30.09.2026): Rs 9.34 cr
• Corresponding quarter previous year: Rs 24.85 cr

• Profit/(loss) for the period (11) (quarter ended 30.09.2026): Rs 577.76 cr
• Corresponding quarter previous year: Rs 189.16 cr

• Other comprehensive income for the period, net of tax (12) (quarter ended 30.09.2026): Rs 57.89 cr
• Corresponding quarter previous year: Rs 15.69 cr

• Total comprehensive income for the period (13) (quarter ended 30.09.2026): Rs 635.65 cr
• Corresponding quarter previous year: Rs 204.85 cr

• Paid up equity share capital (Face value Rs.10 each) (14): Rs 465.80 cr (for both quarters)

• Basic earnings per share (in Rs) (16(1), not annualised) (quarter ended 30.09.2026): 12.40
• Corresponding quarter previous year: 4.06

• Diluted earnings per share (in Rs) (16(2), not annualised) (quarter ended 30.09.2026): 12.40
• Corresponding quarter previous year: 4.06

According to the statement of financial results, consolidated revenue from operations for the quarter ended 30.09.2026 rose to Rs 2,290.73 cr from Rs 1,338.87 cr in the quarter ended 30.09.2025. Total income moved to Rs 2,371.00 cr from Rs 1,436.16 cr over the same period. On the cost side, cost of services rendered increased to Rs 945.98 cr from Rs 682.97 cr, while employee benefits expense was Rs 138.35 cr versus Rs 132.22 cr a year earlier. Depreciation and amortisation expense rose to Rs 279.68 cr from Rs 255.73 cr, and finance costs were Rs 48.05 cr compared with Rs 47.38 cr.

Total expenses for the quarter ended 30.09.2026 were Rs 1,716.32 cr against Rs 1,235.53 cr in the corresponding quarter. Profit/(loss) before exceptional items, share of net profits of investments accounted for using equity method and tax increased to Rs 654.68 cr from Rs 200.63 cr. After a share of net profit/(loss) of associates and joint ventures of Rs (67.58) cr versus Rs 13.38 cr, profit/(loss) before tax stood at Rs 587.10 cr compared with Rs 214.01 cr. Profit/(loss) for the period (profit after tax) was Rs 577.76 cr, up from Rs 189.16 cr in the same quarter last year. Total comprehensive income for the period was Rs 635.65 cr versus Rs 204.85 cr. Basic and diluted earnings per share (not annualised) for the quarter were Rs 12.40, compared with Rs 4.06 in the corresponding quarter.

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Shipping Corp Q2 FY27: Revenue Rs 2,290.73 cr | Cruxal