Cochin Shipyard Q4 Results: Profit Up 11%, Dividend Announced, Stock Soars Over 25%
Cochin Shipyard Q4 Results are out, and the numbers look strong despite margin pressure. The state-run defence PSU reported an 11% year-on-year jump in net profit at ₹287.18 crore, supported by a robust 37% rise in revenue to ₹1,757.65 crore. However, EBITDA fell 7.6%, and operating margins narrowed to 15.10%. Alongside the earnings, the board...