Cochin Shipyard Ltd reported its financial results for the fourth quarter ended March 31, 2025, posting a net profit of ₹284.69 crore, a 7.56% increase from ₹264.67 crore in the same quarter last year. The growth in bottom line came on the back of higher revenue and tax savings despite a decline in operating margins.
Total income for the quarter rose 38.2% year-on-year to ₹1,80,665.52 lakh, up from ₹1,30,487.39 lakh in Q4 FY24. Revenue from operations stood at ₹1,65,113.49 lakh, marking a solid 34.7% YoY growth compared to ₹1,22,549.30 lakh last year. Other income also surged to ₹15,552.03 lakh, up from ₹7,938.09 lakh in Q4 FY24.
Operating performance dips amid higher expenses
Despite the topline growth, Cochin Shipyard’s Q4 EBITDA fell to ₹2.53 billion from ₹2.86 billion in the year-ago period, representing an 11.5% decline. The EBITDA margin contracted significantly to 15.35% in Q4 FY25 from 23.35% in Q4 FY24, largely due to a steep rise in material costs and other operating expenses.
Total expenses during the quarter rose to ₹1,43,031.15 lakh from ₹95,939.52 lakh in the same quarter last year. The cost of materials consumed alone jumped 10.3% YoY to ₹65,159.39 lakh.
Profit before tax for the March quarter came in at ₹376.34 crore, a strong rise from ₹345.47 crore in Q4 FY24. Tax expenses fell sharply to ₹91 crore from ₹130 crore last year, further boosting the quarterly net profit.
Full-year performance
For the full financial year FY25, the company reported a total income of ₹4,90,828.76 lakh, up 24.2% YoY, while net profit rose to ₹842.90 crore from ₹813.10 crore in FY24. Profit before tax for the year grew to ₹1,133.84 crore from ₹1,093.62 crore.
