ResultsEconomic Times
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY
GreyOak summary
Cochin Shipyard shares fell 8% after reporting a 50% year-on-year drop in Q2 FY27 net profit to Rs 54 crore, despite revenue rising 12% to Rs 1,249 crore. Net profit margins halved to 4%, while the board approved an interim dividend of Rs 3 per share.
What it affects
- Cochin ShipyardCOCHINSHIPNegative -69
Shares fell 8%Rolling sentiment Negative -58
Source
Read the original at Economic TimesMore Cochin Shipyard news
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