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Asia

Cochin Shipyard shares extend losing streak, drop 4% after Q1 net profit falls 19%

mint - markets · 1h ago · 🇮🇳 India

Cochin Shipyard shares extend losing streak, drop 4% after Q1 net profit falls 19%

Cochin Shipyard shares fell 4% to ₹1,435 amidst a 19.4% YoY net profit decline to ₹151.45 crore. Despite a 2.4% revenue increase, expenses rose significantly. The shipbuilding segment thrived, while ship repair experienced losses.

Read the full story at mint - markets →

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