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(05/02/2026 16:10)

Dredging Corpora posts Q3 net loss of Rs 24.63 cr

The company reported standalone net loss during the quarter stood at Rs 24.63 crore compared to net profit of Rs 16.06 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 14.91 per cent at Rs 276.08 crore in October-December quarter of this fiscal as against Rs 324.44 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 10.64 per cent to Rs 243.19 crore from Rs 272.14 crore in year ago period.

Other Income dipped by 91.39 per cent at Rs 1.49 crore versus (Dec'24 Rs 17.31 crore).

Operating Profit slipped by 37.11 per cent to Rs 32.89 crore as against Rs 52.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.12 per cent in December quarter.

Interest declined by 11.68 per cent y-o-y to Rs 10.81 crore, while Taxation decreased by 94.37 per cent at Rs 0.04 crore (Dec'24 Rs 0.71 crore).
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