Dorian LPG Q4 net income falls to $8.1 million from $79.2 million
Dorian LPG reported results for the fourth quarter and fiscal year ended March 31, 2025. Fourth-quarter revenues fell 46.3% to $75.9 million, and net income dropped to $8.1 million, or $0.19 per diluted share, from $79.2 million, or $1.96, a year earlier. The company also declared an irregular cash dividend of $0.50 per share, totaling $21.3 million, payable on or about May 30, 2025, to holders of record as of May 16, 2025.
Key points
- Q4 revenues were $75.9 million, down from $141.4 million; the fleet TCE rate fell 44.3% to $35,324 per day.
- Fiscal year revenues were $353.3 million versus $560.7 million; net income was $90.2 million, or $2.14 per diluted share, versus $307.4 million, or $7.60.
- Irregular dividend of $0.50 per share totaling $21.3 million, payable on or about May 30, 2025.
- Q4 vessel operating expenses rose 17.1% to $23.9 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.