Cochin Shipyard Q1 Results : Net profit up 8% to ₹188 crore; revenue surges 39%

KOCHI : India’s leading shipyard Cochin Shipyard Limited (CSL) on Tuesday, August 12, said its first quarter net profit increased 7.9% to ₹187.8 crore on a year-on year (YoY) basis, up from ₹174 crore. Revenue for the quarter surged 38.5% to ₹1,068 crore against ₹771.5 crore in Q1FY25.

At the operating level, EBITDA surged 35.7% to ₹241.3 crore over ₹177.8 crore last year, while the EBITDA margin fell 50 bps to 22.5% versus 23% in the year-ago period.

The results came after the close of the market hours. Shares of Cochin Shipyard Ltd ended at ₹1,667.90, up by ₹6.90 or 0.42%, on the BSE on Tuesday, August 12.