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Cochin Shipyard Q3 net profit rises 32% to Rs 223.73 crore

The company had posted a net profit of Rs 169.81 crore during the same quarter a year ago, the company said in a BSE filing.

February 12, 2021 / 08:55 PM IST
 
 
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State-run Cochin Shipyard on Friday posted a 32 percent rise in consolidated net profit at Rs 223.73 crore during the quarter ended December.

The company had posted a net profit of Rs 169.81 crore during the same quarter a year ago, the company said in a BSE filing.

Its total income during the quarter under review fell to Rs 763.43 crore from Rs 950.34 crore in the year-ago period.

The company, however, managed to reduce its total expenses to Rs 461.45 crore as compared to Rs 722.12 crore in the year-ago quarter.

Cochin Shipyard is one of the leading shipbuilding and repair companies in India.
PTI
first published: Feb 12, 2021 08:55 pm

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