Dredging Corporation of India Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

The appointment became effective from 9 June 2026 and will continue until the next annual general meeting (AGM). The company will seek shareholders' approval for his regular appointment as a non-executive director either at the AGM or through a postal ballot within three months from the date of appointment, whichever is earlier.

The board also took note of the cessation of Dr M. Angamuthu as director and chairman of the company with effect from 20 May 2026.

The company clarified that Bindra is not related to any director of the company.

Jasmeet Singh Bindra is a 1996-batch officer of the Indian Railway Traffic Service (IRTS). He holds a B.Tech in Electronics, an MBA, and a Master's in Public Policy (MPA). During his nearly three-decade-long career, he has held several key positions across Indian Railways and the Government of India, including Senior Divisional Commercial Manager, Director (Safety), Director in the Ministry of Coal, Chief Passenger Transportation Manager; Divisional Railway Manager (Ranchi), Executive Director (Gati Shakti/Traffic) at the Railway Board, Principal Chief Commercial Manager, and Principal Chief Operations Manager (Coordination), South East Central Railway.

Dredging Corporation of India is engaged in providing integrated dredging services to ports, the Indian Navy, and other maritime organizations in India. For the quarter ended March 2026, the company reported a 306.1% jump in net profit to Rs 86.91 crore compared with Rs 21.40 crore in the corresponding quarter of the previous year. Revenue increased 3.4% year-on-year to Rs 478.23 crore.

The counter slipped 1.03% to Rs 1128.45 on the BSE.

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Net profit of Dredging Corporation of India rose 306.12% to Rs 86.91 crore in the quarter ended March 2026 as against Rs 21.40 crore during the previous quarter ended March 2025. Sales rose 3.42% to Rs 478.23 crore in the quarter ended March 2026 as against Rs 462.41 crore during the previous quarter ended March 2025.

For the full year,net profit reported to Rs 4.75 crore in the year ended March 2026 as against net loss of Rs 27.46 crore during the previous year ended March 2025. Sales rose 5.80% to Rs 1208.33 crore in the year ended March 2026 as against Rs 1142.14 crore during the previous year ended March 2025.

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Dredging Corporation of India will hold a meeting of the Board of Directors of the Company on 19 May 2026.

The agreement is for a period of five years and will ensure a steady and reliable fuel supply for the company?s dredging fleet operating across the country.

The MoU reinforces the long-standing association between DCI and IOCL and reflects a shared commitment towards operational excellence, reliability, and supporting India?s maritime infrastructure development. The long-term arrangement is expected to strengthen DCI?s capability to deliver uninterrupted dredging services for major ports and national projects.

Dredging Corporation of India is engaged in providing integrated dredging services to ports, the Indian Navy, and other maritime organizations in India. The company reported a standalone The company reported a net loss of Rs 24.63 crore in Q3 FY26, compared to a net profit of Rs 16.06 crore in Q3 FY25. Revenue from operations declined 14.9% year-on-year to Rs 276.08 crore in Q3 FY26.

Indian Oil Corporation is a Maharatna PSU under the Government of India, with operations spanning the entire hydrocarbon value chain, including refining, pipeline transportation, and marketing of petroleum products, as well as exploration and production, natural gas, and petrochemicals. Indian Oil Corporation (IOCL) added 1.59% to Rs 175.50 after the company?s standalone net profit surged 321.98% to Rs 12,125.86 crore in Q3 FY26 compared with Rs 2,873.53 crore in Q3 FY25. Revenue from operations (excluding excise duty) rose 5.43% YoY to Rs 204,424.39 crore in Q3 FY26 as against Rs 193,899.5 crore reported in Q3 FY25.

Shares of Indian Oil Corporation rose 0.24% to Rs 146.20 on the BSE.