Cochin Shipyard consolidated net profit rises 71.76% in the March 2021 quarter

Sales rise 32.28% to Rs 1080.32 crore

Net profit of Cochin Shipyard rose 71.76% to Rs 236.22 crore in the quarter ended March 2021 as against Rs 137.53 crore during the previous quarter ended March 2020. Sales rose 32.28% to Rs 1080.32 crore in the quarter ended March 2021 as against Rs 816.69 crore during the previous quarter ended March 2020.

For the full year,net profit declined 3.69% to Rs 608.66 crore in the year ended March 2021 as against Rs 632.01 crore during the previous year ended March 2020. Sales declined 17.64% to Rs 2818.90 crore in the year ended March 2021 as against Rs 3422.49 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1080.32816.69 32 2818.903422.49 -18 OPM %23.8419.88 -25.3920.64 - PBDT308.78195.52 58 855.33906.66 -6 PBT291.84183.30 59 795.50857.72 -7 NP236.22137.53 72 608.66632.01 -4

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