DCI Reports Second Quarter Financial Results (India)

DCI Announces Q2 Net Profit of Rs 10.06 crore (India)

Dredging Corporation of India, an Indian public sector company engaged in the business of dredging, reported second quarter financial results.

Net profit of Dredging Corporation of India reported to Rs 10.06 crore in the quarter ended June 2013 as against net loss of Rs 6.68 crore during the previous quarter ended June 2012.

Sales rose 37.97% to Rs 176.47 crore in the quarter ended June 2013 as against Rs 127.90 crore during the previous quarter ended June 2012.

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Press Release, July 30, 2013