Cochin Shipyard shares tank 8% after Q2 profit drops, provisions quadruple from last year
13 Nov 2025 | Category: Business
Cochin Shipyard's operating performance for the quarter was hit due to a sharp jump in subcontracting expenses and provisions. Provisions during the quarter quadrupled from last year to ₹21 crore. However, they were down 37% on a sequential basis.
Cochin Shipyard's Subcontracting expenses also increased by 50% from last year to ₹207 crore, but were down 13% from the June quarter.
Shares of state-run Cochin Shipyard Ltd. fell as much as 8% on Thursday, November 13, as they will be reacting to t...
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