Cochin Shipyard Ltd. reported a 50% YoY decline in net profit attributable to equity owners to Rs. 53.77 crore in Q2 FY27, compared with Rs. 107.53 crore in the corresponding quarter of FY26. Despite the decline in profitability, revenue from operations increased 11.7% YoY to Rs. 1,249.19 crore from Rs. 1,118.59 crore.
Segment-wise, shipbuilding revenue increased 3.2% to Rs. 783.14 crore, while ship repair revenue rose 29.6% to Rs. 466.05 crore. The contrasting performance across the two segments highlights the contribution of repair operations to quarterly revenue growth, even as overall profitability remained under pressure.
Source: Economic Times Infra
