State-owned Dredging Corporation of India (DCI) has posted its lowest ever annual profit.

The dredger owner logged net earnings of INR 71.2m ($0.64m) for its previous financial year, compared to INR 430m in the 12 months before that.

Total revenue for the year was INR 590m, compared to INR 680m a year ago.

Operational income made up INR 580m of this, against INR 660m, while other income was INR 13.8m,