Latest News | Cochin Shipyard Q3 Net Profit Rises 32 Pc to Rs 223.73 Cr
Get latest articles and stories on Latest News at LatestLY. State-run Cochin Shipyard on Friday posted a 32 per cent rise in consolidated net profit at Rs 223.73 crore during the quarter ended December.
New Delhi, Feb 12 (PTI) State-run Cochin Shipyard on Friday posted a 32 per cent rise in consolidated net profit at Rs 223.73 crore during the quarter ended December.
The company had posted a net profit of Rs 169.81 crore during the same quarter a year ago, the company said in a BSE filing.
Its total income during the quarter under review fell to Rs 763.43 crore from Rs 950.34 crore in the year-ago period.
The company, however, managed to reduce its total expenses to Rs 461.45 crore as compared to Rs 722.12 crore in the year-ago quarter.
Cochin Shipyard is one of the leading shipbuilding and repair companies in India.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)