Cochin Shipyard rallies 8% on strong Q1 results; stock up 87% in 3 months

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Cochin Shipyard rallies 8% on strong Q1 results; stock up 87% in 3 months - Business Standard

Quick Summary:

The uptick in the share price came after the company announced a strong set of June quarter of financial year 2025 (Q1FY25) results.

The company’s experience spans from constructing bulk carriers to advanced technological vessels, including Platform Supply Vessels and Anchor Handling Tug Supply Vessels.

The revenue from operations or topline rose 62.1 per cent annually to Rs 771.5 crore in Q1FY25, from Rs 475.9 crore in Q1FY24.