DCIL puts up good show in Q1

Dredging Corporation of India Limited (DCIL) has announced its financial results for the first quarter ended June 30, 2025, showcasing robust operational performance and a significant improvement in profitability indicators.

During the quarter, ₹242.24 crore revenue was earned from operations registering an increase of ₹91.44 crore (61%) compared to ₹151.65 crore in the corresponding quarter of the previous year.

The company also performed well in EBIDTA by earning ₹46.90 crore, up from ₹12.26 crore in the same quarter last year, representing an EBITDA growth of 283%.

Profit after tax (PAT) was ₹23.34 crore as against ₹-31.40 crore in Q1 FY 2024–25, reflecting a notable reduction in losses.

During the quarter, the company accounted for a notional exchange loss of ₹19.93 crore, which impacted the PAT. Excluding this impact, DCIL would have achieved a breakeven result for the quarter, a company spokesman stated.

The revenue growth was driven by improved operational efficiency, higher project execution, and better utilization of dredging capacity. The sharp improvement in EBITDA underscores the company’s focus on cost optimization and productivity enhancement.