Dredging Corporation of India Limited — Others, 20-05-2025: Related Party Transactions

Dredging Corporation of India has disclosed related party transactions totaling Rs 55,242.20 lakhs for the second half of the fiscal year, mainly involving sales of goods and services to promoter-linked port authorities like Visakhapatnam, Paradeep, Jawaharlal Nehru, and Deendayal Ports. Outstanding balances during this period ranged from Rs 11,340.87 lakhs to Rs 23,584.24 lakhs. These dealings highlight the company’s strong operational reliance on major port authorities, underscoring their importance to its dredging services business and revenue stream.