Shipping company Dredging Corporation Of India announced Q3FY24 results:
Financial Performance:
- Dredging Corporation of India reports a profit of Rs 27.22 crore in Q3FY24.
- This performance indicates a substantial improvement from the Rs 13.84 crore profit reported in Q3FY23.
- The Earning Per Share (EPS) has risen to Rs 9.72 for Q3FY24.
Operational Highlights:
- The Earnings before Interest, Taxes, Depreciation & Amortization (EBIDTA) for Q3 stands at Rs 69.59 crore, compared to Rs 59.71 crore in the same quarter last year.
Growth Projections:
- The company aims for a record turnover of Rs 1,200 crore for FY24.