Archive · 9 Oct 2026
Cordelia Cruises Operator Posts Profit, Boosted by One-Off Gain
Waterways Leisure Tourism runs Cordelia Cruises.
It earned ₹54.4 crore in the quarter ending September 30, after losing money in the same quarter last year.
Its revenue also increased.
The company’s operating performance improved, and EBITDA moved from a loss to a profit.
Its reported profit included a one-time ₹49.5 crore payment.
The payment was compensation linked to the vessel Sky arriving earlier than planned.
For the six months ending September 30, the company also reported higher profit and revenue than a year earlier.
It said it made a loan and paid lease rentals to help with vessels.
Waterways Leisure Tourism reported a net profit of ₹54.4 crore for the quarter ended September 30, compared with a loss of ₹8.9 crore a year earlier.
Revenue from operations rose 30.9% year-on-year to ₹133 crore, while EBITDA turned positive at ₹9.7 crore.
Quarterly profit included a ₹49.5 crore exceptional gain for early delivery of the vessel Sky.
For the half year ended September 30, net profit was ₹81.3 crore and revenue was ₹323 crore.
The company advanced a ₹429 crore loan to a third party for vessel acquisition and paid $24.8 million in lease rentals toward upcoming vessels Sky and Sun.
- Who
- Waterways Leisure Tourism Limited, which operates Cordelia Cruises.
- What
- Reported quarterly net profit of ₹54.4 crore, including a ₹49.5 crore exceptional gain.
- When
- For the quarter ended September 30; the article also reports the share price movement on Friday, October 9.
- Where
- India; the company is listed on the BSE and NSE.
- Why
- The profit included compensation for the vessel Sky being delivered ahead of schedule, alongside improved operational performance.
- Quarterly net profit
- ₹54.4 crore, compared with a net loss of ₹8.9 crore in the same quarter last year
- Quarterly revenue from operations
- ₹133 crore, up 30.9% year-on-year
- Quarterly EBITDA
- ₹9.7 crore, compared with a loss of ₹6.5 crore a year earlier
- Exceptional gain
- ₹49.5 crore for compensation connected to early delivery of the vessel Sky
- Half-year net profit
- ₹81.3 crore, compared with ₹25.8 crore in the same period last year
- Half-year revenue
- ₹323 crore, compared with ₹277.9 crore
- Loan and lease rentals
- ₹429 crore loan advanced to a third party for vessel acquisition; $24.8 million in lease rentals advanced toward Sky and Sun