7 months ago
Cochin Shipyard Q3 Profit Declines 18%
Cochin Shipyard, a big Indian company that builds ships, recently announced its results for the third quarter of the financial year 2025-26.
The company made less profit this quarter compared to the same time last year, with a decrease of 18%.
However, they still made more money overall because they sold more ships and services, which was a 17.6% increase.
The company also spent more money, which is why their profit went down.
To make shareholders happy, they announced a dividend, which is like a small bonus payment.
Additionally, they are buying a part of a Dutch company called Conoship to help them design better ships and are teaming up with another company to work on electric boats and energy storage.
This shows that even though they had a tough quarter, they are planning for a better future.
Cochin Shipyard reported an 18% YoY profit decline in Q3 FY26, with net profit dropping to Rs 144 crore from Rs 176 crore.
Revenue from operations grew by 17.6% YoY to Rs 1,350 crore in Q3 FY26, up from Rs 1,147 crore in Q3 FY25.
Expenses increased by 28% to Rs 1,224 crore in Q3 FY26, compared to Rs 952 crore in Q3 FY25.
The company declared an interim dividend of Rs 3.5 per equity share, to be paid by February 26, 2026.
Cochin Shipyard approved the acquisition of a 23% stake in Conoship, a Netherlands-based ship design company, and a joint venture with HBL Engineering for electric mobility and energy storage solutions.
- Who
- Cochin Shipyard, a public sector company
- What
- Reported an 18% YoY profit decline in Q3 FY26, announced dividend and acquisitions
- Where
- India, with international acquisitions in Netherlands
- When
- Third quarter of FY26 (Q3 FY26)
- Why
- Expenses grew by 28% despite a 17.6% revenue increase
Key facts
- Net Profit Q3 FY26
- Rs 144 crore
- Net Profit Q3 FY25
- Rs 176 crore
- Revenue Q3 FY26
- Rs 1,350 crore
- Revenue Q3 FY25
- Rs 1,147 crore
- Expenses Q3 FY26
- Rs 1,224 crore
- Expenses Q3 FY25
- Rs 952 crore
- Interim Dividend
- Rs 3.5 per equity share
- Conoship Stake
- 23%
- JV Shareholding
- 40% (Cochin Shipyard), 60% (HBL Engineering)
Quotes
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