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Last Updated : Feb 11, 2020 08:07 PM IST | Source: PTI

Cochin Shipyard Q3 net profit rises 32.42% to Rs 169.81cr

The company had clocked a net profit of Rs 128.23 crore in the corresponding quarter of the previous financial year, it said in a regulatory filing to the BSE.

 
 
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State-owned Cochin Shipyard on Tuesday reported a 32.42 per cent rise in consolidated net profit at Rs 169.81 crore for the quarter ended December 2019.

The company had clocked a net profit of Rs 128.23 crore in the corresponding quarter of the previous financial year, it said in a regulatory filing to the BSE.

Total income rose 23.89 per cent to Rs 950.34 crore as compared with Rs 767.07 crore in the corresponding period of the previous financial year.

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Total expenses stood at Rs 722.12 crore in the quarter under review as against Rs 571.43 crore in the year-ago period.

Cochin Shipyard is one of the leading shipbuilding and repair companies in India.

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First Published on Feb 11, 2020 08:05 pm
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