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Informist, Wednesday, Nov. 12, 2025

 

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--Cochin Shipyard Jul-Sept net profit INR 1.01 bln 
--Cochin Shipyard Jul-Sept net profit INR 1.01 bln vs INR 1.93 bln year ago 
--Cochin Shipyard Jul-Sept revenue INR 9.51 bln vs INR 10.97 bln year ago 
--Cochin Shipyard Apr-Sept net profit INR 2.89 bln vs INR 3.74 bln year ago 
--Cochin Shipyard Apr-Sept revenue INR 19.29 bln vs INR 18.07 bln year ago 
--Cochin Shipyard to pay INR 4 per share interim dividend 
--Cochin Shipyard interim dividend record date is Nov 18 
--Cochin Shipyard Q2 shipbuilding revenue INR 5.92 bln vs INR 8.14 bln 
--Cochin Shipyard Q2 ship repair revenue INR 3.60 bln vs INR 2.83 bln yr ago 
--Cochin Shipyard Jul-Sept operating margin 17% vs 25% year ago

 

By Ashutosh Pati

 

MUMBAI – Cochin Shipyard Ltd. Wednesday reported a sharp fall in both its top line and bottom line for the September quarter. The company posted the biggest on-year fall in its net profit in 10 quarters, while its revenue declined for the first time in as many quarters.

 

The shipbuilding and maintenance company's net profit fell around 48% on year to INR 1.01 billion in the quarter ended September. Its revenue fell over 13% on year to INR 9.51 billion. Sequentially, the company's net profit was down over 46% while its revenue from operations fell around 3%.

 

Revenue from the public sector enterprises' ship building segment was INR 5.92 billion in Jul-Sept, down over 27% on year. The ship repair segment of the company contributed INR 3.60 billion for the quarter, up from INR 2.83 billion a year ago. Its operating margin for the reporting quarter fell to 17% from 25% in the year-ago quarter.

 

 

Total expenses of the company in reporting quarter rose about 1% on year to INR 9.38 billion. Cochin Shipyard's sub-contract and other direct expenses rose around 49% on year to INR 2.07 billion while its employee benefit expenses rose nearly 9% on year to INR 1.08 billion. However, the company's cost of materials consumed fell over 21% on year to INR 4.64 billion during the September quarter. Cochin Shipyard's tax expenses in Jul-Sept fell over 47% on year to INR 387.32 million. 

 

The company announced an interim dividend of INR 4 per share, record date for which is Nov. 18. For Apr-Sept, Cochin Shipyard reported more than a 23% on-year fall in its net profit to INR 2.89 billion. Its revenue from operations for the period rose around 7% to INR 19.29 billion. The company disclosed its earnings after market hours. Wednesday, shares of the company closed 2.1% higher at 1,792.0 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

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