Cochin Shipyard Ltd.'s consolidated net profit fell 28% in the third quarter of the financial year, according to the financial results declared by the company on Thursday.
The shipbuilding firm posted a bottom line of Rs 177 crore in the December quarter, compared to Rs 244 reported in the year-ago period. Revenue rose 8.6% to Rs 1,148 crore compared to the Rs 1,056 crore in the year ago period.
Cochin Shipyard Q3 FY25 Highlights (Consolidated, YoY)
Revenue up 8.6% to Rs 1,148 crore versus Rs 1,056 crore.
Ebitda down 23% to Rs 237 crore versus Rs 310 crore.
Margin narrows to 20.7% versus 29.3%.
Net profit down 27.6% to Rs 177 crore versus Rs 244 crore.
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