Cochin Shipyard Profit rised by 6 folds
Cochin Shipyard Q4 FY23-24 Results:- Cochin Shipyard announced its Q4 FY23-24 results on 24.05.2024 and key highlights of the results are as below:- 1. Profit rose by more than six folds from Rs.39.3 crores in Q4 FY 22-23 and in this quarter company posted profit of Rs.258.9 crores. 2. Revenue from operations on consolidated basis increased from Rs.671 crores to Rs.1366 crores i.e. increase of 103%. (i) Revenue from Shipbuilding segment is Rs.985.15 crores against Rs.453.84 crores in FY 22-23. (ii) Revenue from Ship repair segment is Rs.300.89 crores against Rs.146.24 crores. 3. EBITA increased to Rs.288.3 crores positive against loss of Rs.67.1 crores. 4. ...