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News Details

15/05/2025 14:10

Cochin Shipyard Q4 net profit up 7.57% at Rs 284.70 cr

The company reported standalone net profit of Rs 284.70 crore for the quarter ended March 31, 2025 as compared to Rs 264.67 crore in the same period last year, registering a year-on-year growth of 7.57 per cent.

Net revenue of the company rose substantially by 34.73 per cent at Rs 1,651.13 crore in January-March quarter of this fiscal as against Rs 1,225.49 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 48.80 per cent to Rs 1,397.72 crore from Rs 939.31 crore in year ago period.

Other Income grew by 95.92 per cent at Rs 155.52 crore versus (Mar'24 Rs 79.38 crore).

Operating Profit slipped by 11.45 per cent to Rs 253.41 crore as against Rs 286.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 34.26 per cent in March quarter.

Interest grew by 69.33 per cent y-o-y to Rs 10.60 crore, while Taxation increased by 13.41 per cent at Rs 91.65 crore (Mar'24 Rs 80.81 crore).