Industrial Goods/Services
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Updated on 12 Nov 2025, 03:09 pm
Reviewed By
Simar Singh | Whalesbook News Team
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Cochin Shipyard Limited announced its financial results for the second quarter of fiscal year 2025-26, reporting a net profit of ₹107.5 crore. This represents a significant decrease of 43% compared to the ₹189 crore profit recorded in the same quarter last year. The company's revenue also experienced a slight decline, falling by 2.2% to ₹1,118.5 crore from ₹1,143.2 crore in Q2 FY25. Furthermore, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial drop of 62.7%, coming in at ₹73.5 crore compared to ₹196.9 crore in the previous year's comparable period. Consequently, the EBITDA margin contracted sharply to 6.5% from 17.2% year-on-year, indicating reduced operational profitability. In a move to reward shareholders, Cochin Shipyard has declared an interim dividend of ₹4 per equity share. The company has set November 18, 2025, as the record date to determine shareholder eligibility for this dividend, with payments scheduled on or before December 11, 2025.
Impact: The steep fall in profit and margins, coupled with a revenue dip, could lead to investor caution. While the interim dividend provides some positive sentiment, the underlying performance decline is a key concern. Investors will closely monitor management's explanations for the lower profitability and their outlook for future quarters. Rating: 6/10
Definitions: EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. This metric measures a company's operating performance and profitability before accounting for interest, taxes, depreciation, and amortization expenses. YoY: Year-on-Year. This comparison measures the change in a metric from one year to the same period in the previous year.