Net profit of Dredging Corporation of India rose 1296.34% to Rs 11.45 crore in the quarter ended June 2020 as against Rs 0.82 crore during the previous quarter ended June 2019. Sales declined 14.78% to Rs 167.45 crore in the quarter ended June 2020 as against Rs 196.49 crore during the previous quarter ended June 2019.

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Dredging Corporation of India will hold a meeting of the Board of Directors of the Company on 31 August 2020.

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Net loss of Dredging Corporation of India reported to Rs 4.38 crore in the quarter ended March 2020 as against net profit of Rs 111.10 crore during the previous quarter ended March 2019. Sales declined 4.55% to Rs 227.62 crore in the quarter ended March 2020 as against Rs 238.47 crore during the previous quarter ended March 2019.

For the full year,net profit declined 85.51% to Rs 5.51 crore in the year ended March 2020 as against Rs 38.03 crore during the previous year ended March 2019. Sales rose 8.38% to Rs 749.69 crore in the year ended March 2020 as against Rs 691.74 crore during the previous year ended March 2019.

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Dredging Corporation of India will hold a meeting of the Board of Directors of the Company on 29 June 2020.

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