Saturday, October, 10,2026

Latest News

Cordelia Cruises Crushes the Monsoon: Rs 585 Million Profit Blasts Past Last Year's Loss

New Delhi: The July–September quarter is the toughest stretch on any Indian cruise calendar. Monsoon seas shorten sailing schedules and dampen demand. A year ago, this was the quarter in which Cordelia Cruises lost Rs 89.3 million. This year, it earned Rs 585.0 million.

 

Waterways Leisure Tourism Limited, the company behind the brand, reported revenue from operations of Rs 1,329.0 million for the quarter ended 30 September 2026, up about 31% from Rs 1,015.4 million a year earlier. Total income rose 43% to Rs 1,511.6 million.

Underneath the headline, the core business has turned the corner. Profit before tax and exceptional items came in at Rs 96.1 million, against a loss of Rs 114.9 million in the same quarter last year. That is a swing of more than Rs 210 million in the slowest season of the year.

Earnings per share rose to Rs 0.85, compared with a loss of Rs 0.14 a year ago. For a company that only listed on 1 July 2026, it is a commanding debut as a public company.

If this is what Cordelia can do when the seas are rough, the October–March peak season looks set to be a strong one.

Cordelia Cruises Smashes Full-Year Profit in Just Six Months, and Peak Season Hasn’t Even Started

Cordelia Cruises needed only six months to beat its full-year profit for the previous year.

For the half year ended 30 September 2026, the company reported net profit of Rs 812.7 million, up from Rs 258.3 million in the first half of last year. For the full year ended 31 March 2026, it earned Rs 521.4 million. With half the year still to go, the company has already passed that figure by about 56%.

The growth goes beyond net profit:

  • Revenue from operations rose about 16% to Rs 3,230.1 million.
  • Profit before tax and exceptional items rose about 19% to Rs 426.6 million.
  • Earnings per share tripled to Rs 1.20, from Rs 0.40.

The first half includes the monsoon months, so the company has reached these numbers before entering its busiest season. The October–March period, when cruise demand in India is at its highest, is yet to come.

Cordelia Cruises Goes Big: Two New Ships, SKY and SUN, Set to Supercharge Growth

In the cruise business, the size of the fleet sets the limit on growth. Cordelia Cruises is now raising that limit.

According to its results filing, the company paid USD 24.8 million in advance lease rentals for two upcoming vessels, “SKY” and “SUN”. SKY was handed over on 10 September 2026, three weeks before the original date of 30 September.

The company has also made an interest-bearing advance of Rs 4,290.4 million to a third party to acquire another new vessel. The advance earns interest while the deal progresses.

Capital work-in-progress, which covers projects still under construction, rose to Rs 367.4 million from nil in March. Right-of-use assets, which reflect leased assets such as ships, more than doubled to Rs 299.3 million.

For travellers, this means more cabins, more routes and more departures. For the business, every additional ship adds a new source of revenue. Cordelia is not waiting for demand to come to it. It is building the capacity to meet that demand.

Cordelia Cruises Scores a USD 5.2 Million Windfall, Getting Paid to Take Its New Ship Early

Most fleet expansions cost money. Cordelia Cruises managed to get paid for one of its own.

Under an agreement dated 1 September 2026, Norwegian Sky Limited paid Cordelia’s subsidiary, Bay Cruise Investments Inc., USD 5.2 million for taking delivery of the vessel “SKY” early. The ship was handed over on 10 September 2026 instead of the original date of 30 September. The filing states that the compensation comes “without any obligation”.

The payment was booked as an exceptional item of Rs 494.8 million in the September quarter. Cordelia now has its new ship in service sooner, and the extra cash strengthens its finances.

The deal also shows the management team’s skill in negotiating with global ship owners. It sets a positive example for the company’s next fleet additions, including the vessel “SUN”.

Cordelia Cruises Turns Into a Cash Machine: Rs 922 Million Swing in Operating Cash Flow

Profits matter, but cash is what keeps a company running. Cordelia Cruises’ cash flow has improved even more than its profits.

In the half year ended 30 September 2026, the company’s operations generated Rs 499.7 million of net cash. In the same period last year, operations used up Rs 422.5 million. That is a swing of more than Rs 920 million in twelve months.

Cash generated from operations before tax was Rs 762.0 million, even after the company paid Rs 262.3 million in income tax. That kind of tax payment reflects real, taxable profit.

A business that produces its own cash depends less on outside funding for daily operations. Combined with the IPO proceeds, Cordelia can now pay for its growth from two sources: its own operations and fresh capital from the market.

Cash and cash equivalents rose to Rs 70.0 million at the end of the period, with a further Rs 2,112.0 million held in other bank balances.

Cordelia Cruises Puts Its Cash to Work as Other Income Rockets More Than Four-Fold

Cordelia Cruises is earning a return on its capital before that capital is even spent.

Other income in the September quarter rose to Rs 182.6 million, from Rs 39.9 million a year earlier, an increase of about 4.6 times. For the half year, it reached Rs 197.7 million, up from Rs 50.2 million.

The cash flow statement shows where this comes from. In the half year, the company earned:

  • Rs 86.5 million in interest on bank deposits, up from Rs 1.1 million
  • Rs 102.5 million in interest on loans given, up from Rs 9.4 million

As planned, unused IPO proceeds are kept in fixed deposits. The Rs 4,290.4 million advance for a new vessel also earns interest. This means the money set aside for future ships is already earning income for shareholders.

Related News

visit e-papers

Daily Astro

10-10-2026

image

Aries

Ganesha says it will be an important day for you, Aries. Your energy and confidence are ready to take you to new heights. Today you will be able to express your thoughts with clarity, which will increase your communication skills. New opportunities may arise in the working areas, which you have to be ready to take advantage of. In social life, you can make new meetings, which will prove beneficial for you in the future. This day will be good for solving family issues, and you will be able to establish better relations with your close ones. In the field of health, take care of your routine and resort to yoga or meditation to relieve mental stress. Controlling your expenses will be a smart move, as any sudden financial need may arise. Overall, this day is for you to stay positive, just use your insight and energy properly.

image

Pisces

Ganesha says it is going to be a positive day for you. Your sensitivity and intuition will flourish today, allowing you to establish better connections between yourself and others. It is time to connect with someone or refresh old memories. Try to communicate with people close to you, as it will strengthen your relationships. In the field of work, your creativity will be cyclical today. If you are working on a project, your ideas will be new and full of innovation. Do not be afraid to share your ideas, it will give you positive feedback from your colleagues. In terms of financial condition, avoid any big investments. Small expenses will prove to be justified but think well before making any big decisions for the long term. In terms of health, focus on a balanced diet and regular exercise. For mental health, practicing meditation or yoga will help keep you stress-free.

image

Aquarius

Ganesha says new opportunities are likely to open up for you. You will be in a position to take your creative abilities to new heights. This is the time to share your ideas and make new plans. Your friends and family will support your ideas, so it will be beneficial to take their advice into account. Positive changes are possible in business. This is the right time to work on an important project. You will get an opportunity to use your skills and knowledge properly. But, be careful; in some cases, you will need to control your emotions. In personal life, relationships will deepen. You will try to spend more time with your loved ones. This is a good time for love and companionship. Enjoy emotional moments that will make your relationships stronger. Be health conscious. Dedication to yoga and meditation will give you mental peace. These activities will keep not only your body but also your mind active. Overall, today will be full of possibilities for you. Stay committed to your dreams and work on them.

image

Capricorn

Ganesha says your day is full of some new possibilities. You will experience grace and stability in your actions. This is the time to focus on your goals and work with determination to pursue your plans. You are likely to get success in your work, especially if you maintain your hard work and dedication. Positive changes can also be seen in your relationships. You will get a chance to spend time with family and listen to them, which will increase mutual understanding and depth. Focus on communication, as it will make your relationships stronger. However, it is also time to make monthly plans. Take care of your financial matters and try to save. This is the time when you can take concrete steps for your future. Your health condition is likely to remain normal but take some rest. Maintaining a mental balance will be important for you. Stay positive and keep faith in your actions!

image

Sagittarius

Ganesha says today will be full of new possibilities and positive energy for you. You will feel a rise in your confidence, which will keep you open to new opportunities. This is the right time to make an important decision. Your spirituality and intuition will be strong, which will enable you to understand and face difficulties. Spending time with friends and family will awaken a sense of happiness and satisfaction in your mind. Relationships with colleagues at work can take a new direction. Cooperation and communication will help solve problems. If you face an obstacle or challenge, remember that you can overcome it. In terms of health, you may need to make a little improvement in your routine. Regular exercise and a balanced diet will give you freshness and energy. Strengthening social relationships and contacting new people will also be beneficial today. This is the time for self-growth and positive change for you, so recognize the energy within you and use it properly.

image

Scorpio

Ganesha says today will be full of enthusiasm and energy. You will move towards achieving your goals, and your hard work will pay off. Social life will also be active; you will get a good chance to spend time with friends and family. In terms of health, take a little caution. Focusing on meditation and exercise will help reduce mental stress. This is also a good time to take up a new hobby, which can unleash your creativity. Take wise steps in terms of money. Make informed decisions while investing. For potential financial gains, take a look at past projects again. Your career is showing good signs of progress. Your ideas may be appreciated at the workplace, which will increase your confidence. Still, some issues may require restraint. Overall, today will prove to be positive and auspicious for you. Spend it with pride with your loved ones.

image

Libra

Ganesha says today will be a very auspicious and positive day. You will get a chance to clarify your thoughts, which will bring stability to your personal and professional relationships. Your communication skills will increase, and this will open the doors of new possibilities for you. Your creativity and aesthetic sense will be especially strong today. If you are associated with any art or design, your work will be appreciated. This is the right time to express your feelings. If you are confused about a decision, trust your intuition; it will show you the right path. In terms of health, small changes can make your life better. Focus on regular exercise and a balanced diet. In love and relationships, a new understanding will develop, which will strengthen the mutual bond even more. Overall, this day is a sign of positive changes and new beginnings for you. Stay focused on your goals and recognize your inner strengths.

image

Virgo

Ganesha says today is a suitable day to highlight your cognitive abilities and business skills. Today, you will be full of clarity and precision in your actions, which will increase your value among your colleagues and superiors. There is a possibility of bringing some changes to your routine, which will bring positive results for you. This is a good time to improve relations with family members. Try to resolve any old disputes, and keep communication open. In terms of health, meditation and yoga will bring mental peace. Also, take some time out of your routine for exercise. From a financial point of view, this is the right time to make a good plan for the right investment. Take a good look at the options available to you and make a wise decision. Overall, today will prove to be a day of new possibilities and positive changes for you. Be full of confidence and stay focused on your goals.

image

Leo

Ganesha says today will be a day full of energy and inspiration. Your confidence will increase and your thoughts will come out with clarity. On this day, you will be able to see some new possibilities in your career, which will bring you hard work. Mutual understanding and harmony will increase your relationship, which will create a happy atmosphere among the family. This is a great time to express your thoughts clearly, so do not hesitate to communicate with your partner or friends. It is important to be health conscious, a little exercise and meditation will maintain your mental and physical health. Overall, this day will bring activity and positivity for you, so make the most of all the opportunities!

image

Cancer

Ganesha says it will be a day of information and communication for you. Your mind will be full of ideas and you will be able to express your ideas well. There is a possibility of some new opportunities in professional life, which can prove beneficial for you. It is a good time to strengthen relationships with your colleagues, so work together at the workplace. Your emotional state will also be strong. Time spent with family will give you satisfaction. If you have any old problem going on, then the right time is coming to solve it. However, you need to keep your emotions under control, so that you do not get agitated over small things. In terms of health, try to practice yoga and meditation. It will empower you both mentally and physically. Take informed decisions in financial matters; do not rush into any investments. In summary, this day will be all about communication and cooperation, which will lead to positive changes for you.

image

Gemini

Ganesha says there will be a new energy and freshness in your thoughts, which will make your personality even more attractive. Social contacts are likely to increase, which will expand your network. You will be inspired to spend blissful time with your friends and family. Some positive changes can also be seen in the business sector. The results of your hard work will gradually start coming, and this will motivate you to move forward. Keep in mind that while sharing your ideology, work with empathy, this will strengthen your relationship with colleagues. It is important to be health conscious. A little attention and relaxation will give you mental freshness. Practicing yoga or meditation will be beneficial for you. This day will be full of positivity and new possibilities for you. Express your mind openly and do not hesitate to adopt new ideas.

image

Taurus

Ganesha says it will prove to be a positive day for you, Taurus. You will feel energetic and full of confidence. The time has come to reap the fruits of your hard work and efforts. The workload may stress you for a while, but you will face all the challenges recognizing your strengths. Sweetness will also remain in your relationships. Spending time with your family and friends will be a source of joy for you. Conversation with someone special can give you a new vision and promote mutual understanding. A special occasion may be organized among friends or family, which will bring happiness and harmony to you. Moments spent with loved ones will give you mental peace. It is important to be health conscious. A little exercise or yoga will give peace to your mind and energy to your body. Your day will be full of happiness and positivity, just keep your thoughts and emotions balanced.

Gallery

10-10-2026