Shipping Corporation of India delivered an exceptional third quarter performance for the period ended December 2025, with the state-owned firm more than doubling its net profit. According to reports from CNBC TV18, the company's operating profit from the tanker segment was a key driver of this strong performance, with the segment showing remarkable improvement across key metrics.
The tanker segment emerged as the standout performer, with revenue growing 34% to ₹1,097 crore and operating profit jumping 389% year-on-year. As reported by CNBC TV18, the tanker segment's EBIT margin expanded significantly to ₹2,658 crore compared to ₹1,565 crore in the previous quarter. This nearly fivefold increase in operating profit from the tanker segment was instrumental in the company's overall profit growth.
Both the offshore and bulk carrier segments demonstrated improved profitability during the quarter. According to the earnings report, the bulk carriers segment revenue increased 61.7% year-on-year with substantial EBIT growth, while the technical and offshore segment revenue rose 24.6% with exceptional EBIT performance. However, the liner business faced challenges with revenue declining 26.8% year-on-year and EBIT dropping 90.5%.
Investors responded positively to the strong quarterly results, with SCI shares jumping over 12% on February 9, the first trading day after earnings were announced. As reported by CNBC TV18, if the stock closes above 11% for the day, it would represent the sharpest single-day rally in nearly 11 months for the shipping company. The market reaction reflects investor confidence in the company's operational improvements across key business segments.
