Shipping Corporation Of India Limited (SCI) — Financial Results Announcement
The Board approved audited standalone and consolidated financial results for the quarter and year ended 31.03.2026, recommending a final dividend of Re. 1 per share (10% of face value) subject to shareholder approval at the upcoming AGM. The auditor issued an unmodified opinion confirming fair presentation under Indian Accounting Standards, with no modified opinion despite highlighted risks including geopolitical tensions in the Middle East affecting vessel movements, ongoing strategic disinvestment by the Government of India, and immaterial tax reconciliations. Total revenue stood at **[amount context mismatch] crores** and profit before tax at **₹39969 crores**, reflecting robust performance. The audit scope covered subsidiaries and four international joint ventures, with reliance on other auditors for overseas entities. The filing underscores compliance with SEBI Listing Regulations (Regulations 30 and 33) and confirms no material uncertainty regarding going concern.
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About Shipping Corporation Of India Limited (SCI)
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