Cochin Shipyard saw its shares hit a 5% lower circuit after reporting Q2 FY25 results.
The company’s net profit rose by 4% year-on-year (YoY) to ₹189 crore, up from ₹182 crore in Q2 FY24. Revenue from operations grew by 13% YoY, reaching ₹1,143.2 crore compared to ₹1,011.7 crore in the same period last year.
However, EBITDA showed modest growth of 3.2%, rising to ₹197.3 crore, while the EBITDA margin declined to 17.3%, down from 18.9% YoY, reflecting some margin pressures.
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