Results     20-May-23
Announcements
Cochin Shipyard consolidated net profit declines 85.67% in the March 2023 quarter
Sales decline 50.51% to Rs 600.09 crore
Net profit of Cochin Shipyard declined 85.67% to Rs 39.34 crore in the quarter ended March 2023 as against Rs 274.62 crore during the previous quarter ended March 2022. Sales declined 50.51% to Rs 600.09 crore in the quarter ended March 2023 as against Rs 1212.49 crore during the previous quarter ended March 2022.

For the full year,net profit declined 45.97% to Rs 304.71 crore in the year ended March 2023 as against Rs 563.96 crore during the previous year ended March 2022. Sales declined 25.90% to Rs 2364.55 crore in the year ended March 2023 as against Rs 3190.95 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales600.091212.49 -51 2364.553190.95 -26
OPM %-11.1824.44 -10.7219.46 -
PBDT5.65396.30 -99 425.47836.71 -49
PBT-5.24378.69 PL 356.63768.69 -54
NP39.34274.62 -86 304.71563.96 -46

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