Cochin Shipyard's Q1FY24 consolidated PAT jumps to Rs. 98.65 crores

Cochin Shipyard Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 559.9523 crores during the period ended June 30, 2023 as compared to Rs. 671.3213 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 98.6524 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 39.3363 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.50 for the period ended June 30, 2023 as compared to Rs. 2.99 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 559.9523 crs	₹671.3213 crs	-16.59%
Net Profit	₹98.6524 crs	₹39.3363 crs	150.79%
EPS	₹7.50	₹2.99	150.84%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 559.9523 crores during the period ended June 30, 2023 as compared to Rs.496.7735 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.98.6524 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.42.1809 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.50 for the period ended June 30, 2023 as compared to Rs.3.21 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 559.9523 crs	₹496.7735 crs	12.72%
Net Profit	₹98.6524 crs	₹42.1809 crs	133.88%
EPS	₹7.50	₹3.21	133.64%

Shares of Cochin Shipyard Limited was last trading in BSE at Rs. 658.80 as compared to the previous close of Rs. 659.90. The total number of shares traded during the day was 30031 in over 1588 trades.

The stock hit an intraday high of Rs. 661.80 and intraday low of 653.00. The net turnover during the day was Rs. 19720154.00.

Source : Equity Bulls

Keywords

CochinShipyard Q1FY24 ResultUpdate