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11-Feb2019

Cochin Shipyard reports 14% rise in Q3 net profit

Cochin Shipyard has reported results for third quarter ended December 31, 2018.

The company has reported 14.03% rise in its net profit at Rs 129.72 crore for the quarter under review as compared to Rs 113.76 crore for the same quarter in the previous year. Total income of the company increased by 15.03% at Rs 766.16 crore for Q3FY19 as compared Rs 666.04 crore for the corresponding quarter previous year.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India. The company caters to clients engaged in India's defence segment and global commercial shipping sector.


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