Cochin Shipyard shares crack 7% after reporting 27% YoY decline in Q3 PAT

Shares of state-owned Cochin Shipyard shares cracked 7% to an intraday low of Rs 1,311.40 on the BSE on Friday, February 7, after the company on Thursday announced a 27% year-on-year (YoY) drop in its consolidated net profit at Rs 177 crore in the third quarter of financial year 2025.

Shares of state-owned Cochin Shipyard shares will remain in focus on Friday, February 7, after the company on Thursday announced a 27% year-on-year (YoY) drop in its consolidated net profit at Rs 177 crore in the third quarter of financial year 2025.

This is compared to Rs 244 crore in the same quarter of last year.

The company’s board has announced a second interim dividend of Rs 3.5 per share for the financial year 2024-25, with February 12 set as the record date. The same will be distributed to eligible shareholders on or before March 7.

Meanwhile, the revenue from operations in the same period increased 9% YoY to Rs

Cochin Shipyard reported an operating profit, as measured by EBITDA, of Rs 237 crore in the December quarter, down 23% as against Rs 310 crore in the last year quarter.Further, the total expenses for the third quarter were at Rs 9,525 crore. This compares with Rs 7,741 crore in the third quarter of last year.Also read: BSE shares in focus after Q3 profit doubles to Rs 220 crore

Cochin Shipyard share price history

Over the past year, the shares of Cochin Shipyard have risen by 59.62%, reflecting strong growth. However, in the last six months, it declined by 38.36%, followed by a 7.96% drop in the past three months and a 7.07% decrease over the last month. Year-to-date, the stock has fallen by 9.91%.

Cochin Shipyard shares closed 0.9% lower at Rs 1,411.30 on the BSE in the previous trading session.

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