Cochin Shipyard Q4 net profit increased to Rs 258.88 crore in March 2024, up from Rs 39.33 crore in the previous year.
Cochin Shipyard, a state-owned Indian shipbuilding and repair company, reported a significant increase in its Q4 net profit, reaching Rs 258.88 crore in March 2024, compared to Rs 39.33 crore in the year-ago period. The company's total income rose to Rs 1,366.16 crore, and it approved a final dividend of Rs 2.25 per share for FY24. Cochin Shipyard's revenue increased in both shipbuilding (Rs 985.15 crore) and repairing (Rs 300.89 crore) segments compared to the previous year.
May 24, 2024
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