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(12/11/2025 15:23)

Dredging Corpora posts Q2 net loss of Rs 34.18 cr

The company reported standalone net loss during the quarter stood at Rs 34.18 crore as compared to net loss of Rs 33.51 crore in the previous year quarter.

Net revenue of the company rose marginally by 3.56 per cent at Rs 211.79 crore in July-September quarter of this fiscal as against Rs 204.50 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 9.31 per cent to Rs 186.84 crore from Rs 206.02 crore in year ago period.

Other Income grew by 20.72 per cent at Rs 1.34 crore versus (Sep'24 Rs 1.11 crore).

Operating Profit surged by 1741.45 per cent to Rs 24.95 crore as against Rs -1.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1691.89 per cent in September quarter.

Interest grew by 33.14 per cent y-o-y to Rs 22.82 crore, while Taxation increased by 109.43 per cent at Rs 1.11 crore (Sep'24 Rs 0.53 crore).
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