Shipping Corp shares surge nearly 13% after an exceptional quarter
Published on 09/02/2026 09:55 AM
Shipping Corp shares surge nearly 13% after an exceptional quarterThe state-owned firm more than doubled its profit in the latest third quarter.By Devayani Vibhute February 9, 2026, 9:55:44 AM IST (Updated)2 Min ReadA nearly fivefold increase in the operating profit from the tanker segment helped Shipping Corporation of India more than double its net profit in the latest third quarter ended December 2025.
Investors cheered the performance with a more than 12% jump in the SCI share price on Feb 9, the first trading day after the earnings were revealed. If the stock closes above 11% for the day, it would be the sharpest single-day rally in the stock in nearly 11 months.
SCI share price as at 9:40 am on Feb 9.
These are the major highlights from the latest earnings report:
Revenue from the tanker segment grew 34% to 1097 crore, and the operating profit (earnings before interest and taxes, or EBIT) jumped 389% (YoY)
Both the offshore and the bulk carrier segments witnessed an improvement in profitability.
The liner business disappointed with a drop in both revenue and profitability.
Liner - break bulk, container transport & vesselsYoYQoQRevenue-26.8%-3.3%EBIT-90.5%-57.3%EBIT Margin-1540-288
Bulk Carriers - incl. dryYoYQoQRevenue61.7%18.2%EBIT 257.1%EBIT Margin 211
Tankers - crude, product and gasYoYQoQRevenue34.2%27.9%EBIT388.5%123.2%EBIT Margin26581565
Technical & OffshoreYoYQoQRevenue24.6%7.6%EBIT 1405.3%EBIT Margin 3345
: SBI posts biggest single-day jump since June 2024 after Q3 beat; shares up 6%Continue Reading(Edited by : Sriram Iyer)First Published: Feb 9, 2026 9:49 AM ISTTagsshare market todayShipping Corporation of India