Dredging Corporation of India Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting
20-05-2025 | 06:09 pm
20-05-2025 | 06:09 pm
Dredging Corporation of India reported ₹462.41 Cr revenue for FY24-25 but posted a net loss of ₹27.46 Cr. Exceptional income of ₹18.05 Cr came mainly from reversal of legal liabilities. Debt-equity ratio rose to 0.76x, and interest coverage tightened to 3.86x due to higher finance costs. Operating profit margin remained very thin at 0.13%, highlighting ongoing profitability pressures. No dividend was declared, and the board did not announce any major strategic shifts or fundraising plans.
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