Cochin Shipyard has bagged an order from an European Client, for the design and construction of one no. hybrid Service Operation Vessel (SOV). The total project cost for the firm order is approximately Rs. 500 crore and the vessel to be delivered in 2026. The vessel is designed and built for the service, maintenance and operational needs of the offshore wind farm industry in the European market where sustainable energy solutions are in high demand. Powered by Capital Market - Live News

Cochin Shipyard announced that the Board of Directors of the Company at its meeting held on 30 January 2024, inter alia, have recommended the interim dividend of Rs 3.5 per equity Share (i.e. 70%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Cochin Shipyard rose 121.36% to Rs 244.38 crore in the quarter ended December 2023 as against Rs 110.40 crore during the previous quarter ended December 2022. Sales rose 64.64% to Rs 1056.40 crore in the quarter ended December 2023 as against Rs 641.65 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1056.40641.65 65 OPM %29.3523.13 - PBDT359.61159.35 126 PBT340.04140.47 142 NP244.38110.40 121 Powered by Capital Market - Live News

Cochin Shipyard will hold a meeting of the Board of Directors of the Company on 30 January 2024.Powered by Capital Market - Live News

Net profit of Cochin Shipyard rose 60.95% to Rs 181.53 crore in the quarter ended September 2023 as against Rs 112.79 crore during the previous quarter ended September 2022. Sales rose 48.09% to Rs 1011.72 crore in the quarter ended September 2023 as against Rs 683.18 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1011.72683.18 48 OPM %18.9019.80 - PBDT270.25184.78 46 PBT251.38164.99 52 NP181.53112.79 61 Powered by Capital Market - Live News