Cochin Shipyard Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 07:27 pm
12-08-2025 | 07:27 pm
Cochin Shipyard has announced a board meeting on August 12, 2025, which approved the consolidated unaudited financial results for the quarter ended June 30, 2025.
The company posted robust results: Revenue from operations climbed to Rs 1069 Cr, up from Rs 771 Cr year-on-year. Net profit for the quarter rose to Rs 188 Cr, compared to Rs 174 Cr last year, with EPS at Rs 7.14 (vs Rs 6.62).
An operational note highlights delays in two shipbuilding contracts. While delivery dates are past, the company accounted for delay penalties only up to October 2023, citing valid contracts for no further provisions.
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