Cochin Shipyard share price traded at ₹1,754, up ₹54.60 or 3.21% at 9:55 AM on the NSE from the previous close of ₹1,699.40. The stock opened at ₹1,726 and reached a high of ₹1,775 during the session, with the lowest price recorded at ₹1,720.40.
Cochin Shipyard Limited (CSL) is set to announce its Q4 FY25 earnings today. Investors have shown optimism, driving the stock price up over 7% on the NSE today, reaching ₹1,69.409 per share. Alongside its quarterly results, the company is expected to declare a dividend for the fiscal year 2025.
CSL, a government-owned Public Sector Enterprise under the Ministry of Ports, Shipping and Waterways, has recently strengthened its collaboration with Drydocks World, a company under DP World.
This partnership aims to elevate India’s ship repair ecosystem, catering to both domestic and international fleets, while also enhancing offshore fabrication capabilities. Additionally, the alliance will support marine engineering training and skill development, positioning India as a key player in the global maritime industry.
Cochin Shipyard has already distributed 3 interim dividends during FY25, totalling ₹9.75 per share. The company’s board is expected to announce an additional dividend alongside the Q4 earnings, further rewarding shareholders.
In the third quarter of FY25, CSL reported revenue growth of 8.6%, amounting to ₹1,147 crore compared to ₹1,056 crore in the same quarter last year. However, the operating profit fell by 23% year-over-year to ₹237 crore, and net profit declined 27% to ₹176 crore.
Founded in 1972 and based in Kerala, Cochin Shipyard is one of India’s leading shipbuilding and repair companies. It operates under the Government of India and holds the status of a “Miniratna” Schedule-B, Category-I Central Public Sector Enterprise. The company serves both domestic and international markets, specialising in shipbuilding, ship repair, and related marine engineering services.
Read More: India’s Defence Exports Soar 34 Times in 11 Years.
With the Q4 FY25 results announcement and expected dividend news around the corner, Cochin Shipyard remains a stock to watch. The company’s strategic initiatives and partnership with Drydocks World highlight its ambitions to strengthen India’s maritime capabilities, which may positively impact future financial performance and market sentiment.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 15, 2025, 10:09 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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