CNBC TV18 • 5 min read

Shipping Corp shares surge nearly 13% after an exceptional quarter

WHAT'S THE STORY?

A 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 & vessels	YoY	QoQ
Revenue	-26.8%	-3.3%
EBIT	-90.5%	-57.3%
EBIT Margin	-1540	-288

Bulk Carriers - incl. dry	YoY	QoQ
Revenue	61.7%	18.2%
EBIT		257.1%
EBIT Margin		211

Tankers - crude, product and gas	YoY	QoQ
Revenue	34.2%	27.9%
EBIT	388.5%	123.2%
EBIT Margin	2658	1565

Technical & Offshore	YoY	QoQ
Revenue	24.6%	7.6%
EBIT		1405.3%
EBIT Margin		3345

Read more: SBI posts biggest single-day jump since June 2024 after Q3 beat; shares up 6%

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