Cochin Shipyard Q2 Profit Falls To Rs 113 Cr, Income Surges To Rs 744 Cr

During last year, the company had posted a consolidated profit of Rs 131.30 crore in the corresponding quarter. An interim dividend of Rs 7 per equity share for the financial year 2022-23 was approved by the company’s board

The Cochin Shipyard recorded a 14 per cent decrease in their consolidated profit at Rs 112.79 crore during the quarter ending September, on 10 November.

During last year, the company had posted a consolidated profit of Rs 131.30 crore in the corresponding quarter, it said in a filing to Bombay Stock Exchange.

Its consolidated income during second quarter of the current fiscal surged to Rs 744.88 crore as compared to Rs 738.01 crore in the year-ago period.

An interim dividend of Rs 7 per equity share for the financial year 2022-23 was approved by the company’s board.