Shipping company Shipping Corporation of India announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Reported at Rs 1,51,321 lakh in Q4FY26, representing a decline of 6.11% QoQ (compared to Rs 1,61,167 lakh in Q3FY26) but recording a growth of 14.19% YoY (from Rs 1,32,519 lakh in Q4FY25). For FY26, the revenue stood at Rs 5,77,979 lakh, marking an increase of 3.10% YoY compared to Rs 5,60,583 lakh in FY25. Total Income: Reached Rs 1,65,975 lakh in Q4FY26, witnessing a marginal drop of 0.52% QoQ from Rs 1,66,845 lakh in Q3FY26, while growing by 18.51% YoY against Rs 1,40,055 lakh in Q4FY25. For the full year FY26, total income was Rs 6,22,678 lakh, up by 7.35% YoY from Rs 5,80,036 lakh in FY25. Profit Before Tax (PBT): Clocked at Rs 41,559 lakh in Q4FY26, a slight contraction of 2.66% QoQ from Rs 42,693 lakh in Q3FY26, but a significant surge of 142.55% YoY compared to Rs 17,134 lakh in Q4FY25. The annual PBT for FY26 stood at Rs 1,42,281 lakh, jumping 67.04% YoY from Rs 85,179 lakh in FY25. Profit for the Period (Net Profit): Posted at Rs 40,460 lakh for Q4FY26, remaining almost flat with a slight dip of 0.09% QoQ from Rs 40,497 lakh in Q3FY26, and significantly higher by 118.54% YoY against Rs 18,514 lakh in Q4FY25. For FY26, the net profit jumped by 60.38% YoY to Rs 1,35,292 lakh from Rs 84,358 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: For Q4FY26, revenue stood at Rs 1,51,273 lakh, registering a drop of 6.11% QoQ from Rs 1,61,122 lakh in Q3FY26, and an increase of 14.20% YoY from Rs 1,32,466 lakh in Q4FY25. For FY26, it grew by 3.32% to Rs 5,77,813 lakh against Rs 5,59,233 lakh in FY25. Total Income: Reached Rs 1,65,730 lakh in Q4FY26, reflecting a 0.53% dip QoQ compared to Rs 1,66,614 lakh in Q3FY26, but moving up by 18.42% YoY against Rs 1,39,948 lakh in Q4FY25. Annual total income for FY26 stood at Rs 6,21,836 lakh, an increase of 7.48% YoY from Rs 5,78,537 lakh in FY25. Profit Before Tax (PBT): Recorded at Rs 42,491 lakh in Q4FY26, growing by 2.40% QoQ from Rs 41,497 lakh in Q3FY26, and rising sharply by 168.06% YoY from Rs 15,851 lakh in Q4FY25. FY26 PBT expanded by 69.72% YoY to Rs 1,39,589 lakh from Rs 82,245 lakh in FY25. Profit for the Period (Net Profit): Stood at Rs 41,376 lakh in Q4FY26, marking a growth of 5.18% QoQ from Rs 39,337 lakh in Q3FY26 and soaring by 140.32% YoY from Rs 17,217 lakh in Q4FY25. For the full year FY26, net profit scaled up by 62.91% YoY to Rs 1,32,625 lakh compared to Rs 81,410 lakh in FY25. Business & Segment Highlights Segment-Wise Performance: Tanker: Remained the largest revenue contributor, generating Rs 1,07,446 lakh in Q4FY26 (up 15.84% YoY from Rs 92,751 lakh in Q4FY25). For FY26, revenue for this segment stood at Rs 3,94,223 lakh, up from Rs 3,60,960 lakh in FY25. Bulk Carrier: Recorded a substantial revenue growth, posting Rs 21,783 lakh in Q4FY26, jumping 118.07% YoY from Rs 9,989 lakh in Q4FY25. Total FY26 revenue was Rs 78,887 lakh. Liner: Segment revenue for Q4FY26 declined to Rs 16,467 lakh, down 30.99% YoY from Rs 23,862 lakh in Q4FY25. FY26 revenue contracted to Rs 78,427 lakh against Rs 1,03,623 lakh in FY25. Technical & Offshore: Contributed Rs 7,237 lakh in Q4FY26, growing 11.25% YoY from Rs 6,505 lakh in Q4FY25. For FY26, revenue stood at Rs 29,785 lakh. Dividend Announcement: The Board of Directors recommended a final dividend of Rs 1 per equity share of face value of Rs 10/- each (i.e., 10% per share) for the financial year. The total approximate outgo on this account will be Rs 46.58 crore. Geopolitical Impact on Operations: Maritime movement through the Strait of Hormuz was severely disrupted due to escalations in the Middle East. Four company vessels (Desh Garima, Desh Suraksha, Desh Vibhor, Desh Vaibhav) were stuck. While one vessel sailed out successfully reaching Mumbai in April 2026, freight for the vessels is being recognized on a percentage of voyage completion method. The company management noted this disruption is not expected to have a material impact on the financial statements. Strategic Disinvestment: The proposed strategic disinvestment of the company is actively being handled by the Department of Investment and Public Asset Management (DIPAM), with the Virtual Data Room currently open for due diligence by Qualified Interested Parties. Tax Refund: The 'Other Income' component for Q4FY26 and FY26 includes an interest income on income tax refunds amounting to Rs 8,575 lakh and Rs 16,912 lakh, respectively. Result PDF