News

Cochin Shipyard Limited announced that the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India, has appointed Dr. Vani Ahluwalia as a Non-official (Independent) Director on the company’s board for a period of three years from August 17, 2026.

Cochin Shipyard Limited announced on August 11, 2026, the appointment of Shri Subramanian K K as a Senior Management Personnel, effective the same date, following his promotion to General Manager (Employee Relations) (E7 Level). Shri Subramanian K K, aged 57, holds a Master of Arts in Personnel Management and Industrial Relations from Mahatma Gandhi University and joined Cochin Shipyard Limited in October 2015 as Assistant General Manager (HR).

Cochin Shipyard announced that the President of India acting through the Ministry of Ports, Shipping and Waterways, Government of India (Promoter) has sold 1,20,49,170 equity shares of Cochin Shipyard aggregating to Rs. 1,713.28 crore, on 07 July and 08 July 2026 by way of an offer for sale through the stock exchange mechanism.

Cochin Shipyard announced that the Board of Directors of the Company at its meeting held on 15 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Net profit of Cochin Shipyard declined 3.73% to Rs 276.48 crore in the quarter ended March 2026 as against Rs 287.19 crore during the previous quarter ended March 2025. Sales declined 15.55% to Rs 1484.28 crore in the quarter ended March 2026 as against Rs 1757.65 crore during the previous quarter ended March 2025.For the full year,net profit declined 13.37% to Rs 716.74 crore in the year ended March 2026 as against Rs 827.33 crore during the previous year ended March 2025. Sales rose 4.19% to Rs 5021.87 crore in the year ended March 2026 as against Rs 4819.96 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1484.281757.65 -16 5021.874819.96 4 OPM %20.8715.12 -16.1618.21 - PBDT434.57411.16 6 1128.831228.35 -8 PBT402.58384.07 5 999.031125.17 -11 NP276.48287.19 -4 716.74827.33 -13 Powered by Capital Market - Live News