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Cochin Shipyard has announced the results for the quarter ended in September. The company says that in the second quarter of FY 2025, the company's profit has increased by 4 percent to Rs 189 crore, which was Rs 182 crore in this quarter a year ago. The company's income has increased by 13 percent year-on-year to Rs 1,143.2 crore, which was Rs 1,011.7 crore in this quarter last year.
The company's EBITDA has seen a growth of 3.2 per cent, reaching Rs 197.3 crore. A year ago, the company's EBITDA was at Rs 191.2 crore in this quarter. The company's EBITDA margin has fallen from 18.9 per cent to 17.3 per cent year-on-year.
Dividend announcement The company has announced an interim dividend of Rs 4 for the financial year 2024-25. The company has fixed Wednesday, November 20, 2024 as the record date for interim dividend. The interim dividend will be paid to eligible shareholders on or before December 06, 2024. Stock performance On Thursday, the company's stock closed at Rs 1,527, down 0.64 per cent. In the last one year, the company's stock has seen an increase of 193.02 per cent. The 52-week high of the stock is Rs 2,979.45.
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