StocksMedium•10 November 2026•
1 min read
Cochin Shipyard Q2 Profit Halves to Rs 53.8 Crore Despite Revenue Growth
Key Facts
1Cochin Shipyard reported a 50% YoY decline in net profit to Rs 53.8 crore for the second quarter.
2The company's revenue increased by 11.7% YoY to Rs 1,249 crore despite the profit slump.
3The company announced an interim dividend of Rs 3 per share for FY27.
Cochin Shipyard reported a 50% year-on-year decline in net profit to Rs 53.8 crore for the second quarter of FY27. Business Upturn reported that the company's revenue increased by 11.7% to Rs 1,249 crore during the same period despite the profit slump. The company also announced an interim dividend of Rs 3 per share for the 2027 fiscal year.
Operating margins contracted to 4.1%, leading to a 30.8% decline in EBITDA to Rs 50.95 crore. The company has fixed November 16, 2026, as the record date to determine shareholders eligible for the dividend payment. This mixed performance highlights a period where double-digit revenue growth was offset by significant pressure on operating profitability.