Cochin Shipyard reports strong growth; consolidated net profit up by 77%

09 Aug 2024 Evaluate

Cochin Shipyard has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 65.30% rise in net profit at Rs 180.85 crore for Q1FY25 as compared to Rs 109.41 crore for the same quarter in the previous year. Total income of the company increased by 49.52% at Rs 789.99 crore for Q1FY25 as compared to Rs 528.34 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 76.62% rise in its net profit at Rs 174.24 crore for the quarter ended June 30, 2024 as compared to Rs 98.65 crore for the same quarter in the previous year. Total income of the company increased by 52.78% at Rs 855.48 crore for Q1FY25 as compared to Rs 559.95 crore for the corresponding quarter previous year.

Cochin Shipyard Share Price

1524.25 25.10 (1.67%)
01-Nov-2024 18:59 View Price Chart
Peers
Company Name CMP
Mazagon Dock Ship 4106.75
Cochin Shipyard 1524.25
VMS Industries 48.22
Knowledge Marine & E 1875.20
Laxmipati Engineerin 215.85
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.