HomeNewsBusinessMarketsQ4 result impact: Cochin Shipyard, South Indian Bank shares rally up to 7%; ITC Hotels in red

Q4 result impact: Cochin Shipyard, South Indian Bank shares rally up to 7%; ITC Hotels in red

Q4 result impact: Cochin Shipyard reported 8 percent on-year jump in standalone net profit to Rs 285 crore for Q4 FY25.

May 15, 2025 / 17:46 IST
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Q4 result impact: Cochin Shipyard, South Indian Bank shares rally up to 7%; ITC Hotels in red
The Indian stock market experienced a significant rally in afternoon trade, with benchmark indices closing with record gains

Cochin Shipyard shares rallied over 7 percent on May 15 after the company released its results for the fourth quarter of the financial year 2025. South Indian Bank shares also gained significantly, closing over 4 percent higher. ITC Hotels shares however tumbled into the red, closing with marginal losses.

Notably, the three companies released their Q4 FY25 results during the market hours of May 15. The Indian stock market experienced a significant rally in afternoon trade, with benchmark indices closing with record gains. Sensex jumped over 1,200 points, while Nifty 50 closed above the 25,000-mark for the first time since October 2024.

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Cochin Shipyard Q4 Results

Cochin Shipyard reported a standalone net profit of Rs 285 crore for Q4 FY25. This marks a rise of nearly 8 percent from the Rs 265 crore net profit reported in Q4 FY24. Its revenue from operations meanwhile rose to 1,651 crore.