Cochin Shipyard net profit falls 50% to Rs 54 crore in Q2

Cochin Shipyard Ltd reported a 50% decline in consolidated net profit for the September quarter of FY27. The company's net profit fell to Rs 53.77 crore compared to Rs 107.52 crore a year earlier. However, total income increased to Rs 1,331.81 cro...

By PTI | Nov 11, 2026, 06.06 AM IST

New Delhi: Cochin Shipyard Ltd on Tuesday reported a 50% decline in consolidated net profit to Rs 53.77 crore for the quarter ended September, compared with Rs 107.52 crore in the year-ago period, according to a regulatory filing.

Total income rose to Rs 1,331.81 crore in the September quarter of FY27 from Rs 1,245.88 crore a year earlier.

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Total expenses increased to Rs 1,256.71 crore from Rs 1,095.97 crore in the corresponding quarter of the previous financial year.

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The company's board also approved an interim dividend of Rs 3 per equity share of Rs 5 each, representing a 60% payout, for FY27.

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