Dredging Corporation of India reported standalone audited financial results for FY26 with a net profit of ₹475.35 lakhs, a significant improvement from a net loss of ₹2,745.67 lakhs in FY25.
Total income for FY26 stood at ₹1,21,409.84 lakhs, with the board meeting approving results on 19/05/2026 and auditors issuing an unmodified opinion.
Key financial ratios showed improvement, with debt-equity at 0.88:1, interest coverage at 5.22:1, and debt service coverage at 0.94:1 for FY26.
The company disclosed pending litigations including income tax disputes of ₹5,742 lakhs and GST disputes of ₹4,016 lakhs, while maintaining adequate internal financial controls.