Dredging Corporation of India Limited — Updates, 14-08-2025: Press Release
14-08-2025 | 06:08 pm
14-08-2025 | 06:08 pm
Dredging Corporation of India (DCIL) reported strong first-quarter financial results, driven by improved operational efficiency and higher capacity utilization. Revenue from operations surged 61% to ₹242.24 crore. EBITDA impressively soared 283% to ₹46.90 crore, reflecting significant cost optimization. The company notably reduced its net loss to ₹-23.34 crore. Excluding a ₹19.93 crore notional exchange loss, DCIL would have achieved breakeven, underscoring a sharp improvement in profitability.
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