Cochin Shipyard Posts Strong Q4 Earnings, Declares Rs 2.25 Dividend

Cochin Shipyard Ltd has reported robust financial results for the March quarter, with consolidated revenue from operations reaching Rs 17.58 billion. The state-run shipbuilder also posted a consolidated net profit of Rs 2.87 billion, reflecting steady growth in its core business segments. In addition to its strong earnings, the company has declared a final dividend of Rs 2.25 per share, reinforcing its commitment to shareholder returns.  

 

Key Financial Highlights  

- Revenue surged, driven by strong execution in shipbuilding and repair projects  

- Net profit climbed, supported by operational efficiency and a healthy order book  

- The board has approved a final dividend of Rs 2.25 per share, rewarding investors for the company’s steady performance  

 

Market Outlook and Strategic Developments  

- Cochin Shipyard’s current order book stands at Rs 22,500 crore, ensuring revenue visibility for the next five years  

- The company continues to expand its ship repair capabilities, contributing to margin improvements  

- Analysts anticipate sustained growth, with upcoming defense and commercial projects bolstering future earnings  

 

With a strong financial foundation, a growing pipeline of projects, and a dividend payout, Cochin Shipyard remains a key player in India’s maritime industry, reinforcing its position in shipbuilding and repair services.  

 

Sources: Business Today, CNBC TV18, Economic Times, Moneycontrol