Shipping Corporation of India Land and Assets Limited announced its standalone quarterly results on 04 November 2025 for Q2 FY26 ended 30 September 2025.
-
Financial Highlights (Q2 FY26):
- Revenue from operations: Rs. 613 lakhs (up from Rs. 399 lakhs in Q2 FY25; +53.6% YoY)
- Total income (including other income): Rs. 2,756 lakhs (up 8.5% YoY)
- Net profit: Rs. 419 lakhs, down sharply from Rs. 1,434 lakhs in Q1 FY26 and Rs. 1,286 lakhs in Q2 FY25
- Net profit margin: 15.2% vs. 53.5% in Q1 FY26
- Earnings per share (EPS): Rs. 0.09 (Basic & Diluted)
- EBITDA margin (approximated by PBT/Total Income): 21.3%
-
Half-Year Performance (H1 FY26):
- Total income: Rs. 5,437 lakhs (up 8.7% YoY)
- Net profit: Rs. 1,853 lakhs (down from Rs. 2,485 lakhs in H1 FY25)
-
Segment Performance:
- MTI (Training) segment revenue increased to Rs. 621 lakhs in Q2 FY26 but remained loss-making with PBT of Rs. (232) lakhs.
- Corporate segment (“Others”) revenue stable at Rs. 2,135 lakhs, contributing Rs. 819 lakhs PBT, driving overall profitability.
-
Balance Sheet Highlights (as of 30 September 2025):
- Total assets: Rs. 354,624 lakhs (stable)
- Total liabilities: Rs. 55,182 lakhs (up from Rs. 51,424 lakhs as of 31 March 2025)
- Cash and cash equivalents increased significantly to Rs. 2,575 lakhs from Rs. 290 lakhs
- Trade payables and other financial liabilities increased notably
-
Capital Expenditure:
- Rs. 38 lakhs in Q2 FY26; Rs. 677 lakhs in H1 FY26
-
Other Notes:
- No borrowings, acquisitions, disposals, or restructuring reported
- Dividend payout negligible in Q2 FY26 (Rs. 0 lakhs vs. Rs. 3,068 lakhs in FY25)
- Auditor’s limited review report unmodified with no qualifications
-
Outlook:
- No explicit management guidance or outlook provided in the announcement.
This summary reflects a quarter marked by a significant decline in profitability compared to the previous quarter, with the corporate segment remaining the primary profit contributor while the training segment continues to incur losses.