Dredging Corporation of India Limited
A listed dredging company whose controlling stake the Centre sold to four government-owned port authorities rather than to private buyers. It posted its highest-ever turnover of Rs 1,214.09 crore in 2025-26 and a profit of Rs 11.24 crore in the April-June 2026 quarter.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →A listed dredging company whose controlling stake the Centre sold to four government-owned port authorities rather than to private buyers. It posted its highest-ever turnover of Rs 1,214.09 crore in 2025-26 and a profit of Rs 11.24 crore in the April-June 2026 quarter.
What happened
Dredging Corporation of India was set up to dredge India's major ports. The Government of India sold its entire 73.47% holding to four major port authorities (Visakhapatnam, Paradip, Jawaharlal Nehru and Deendayal), so control passed from one arm of the state to others rather than to private buyers.
The company reported its 'highest ever Annual Turnover of Rs. 1214.09 Crore' and a profit after tax of Rs 4.75 crore for 2025-26. For the quarter to 30 June 2026 it reported operational income of Rs 355.43 crore, up 46.73%, and a profit after tax of Rs 11.24 crore.
What we could not confirm
Staff numbers and the DPE schedule were not confirmed from an official source.