Cochin Shipyard Q2 net profit at Rs. 100 crore


Cochin Shipyard Ltd. (CSL), largest shipbuilding & ship repair facility in India, declared its financial results for the second quarter and half year ended September 30, 2017.

The company reported Net Profit of Rs. 100.21 crore for Q2FY18, Total Revenue for the quarter ended September 30, 2017, stood at Rs. 583.24 crore.

Earnings per share (EPS) for Q2FY18 stood at Rs. 7.93.

Total Income for H1FY18 stood at Rs. 1243.47 crore, For H1FY18, EPS stood at Rs. 15.97.

Madhu S Nair, Chairman & Managing Director, Cochin Shipyard Limited, said, “Cochin Shipyard is well on course to meet its annual financial targets.“

Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.