Cochin Shipyard Lands ₹200 Crore ONGC Repair Contract

has bagged a ₹200 crore order from ONGC to carry out dry dock and major lay-up repairs of a jack-up rig, with execution planned over the next 12 months. This contract further strengthens CSL’s offshore repair portfolio. On the financial front, CSL posted a solid Q1FY26 performance with net profit rising 7.9% year-on-year to ₹187.8 crore from ₹174 crore, revenue jumping 38.5% to ₹1,068 crore against ₹771.5 crore, and EBITDA up 35.7% to ₹241.3 crore compared to ₹177.8 crore. Margins saw a marginal dip of 50 bps to 22.5%, but the strong topline and robust order win highlight steady momentum in the company’s growth trajectory. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.