🚢 Cochin Shipyard Q3: Profit & Margins Decline Despite Revenue Growth

Cochin Shipyard reported a mixed Q3, with net profit falling to ₹1.37 billion, compared to ₹1.8 billion last year. Revenue increased to ₹11.65 billion from ₹10.6 billion YoY, supported by steady execution. However, EBITDA declined to ₹1.7 billion from ₹2.4 billion, and margins narrowed sharply to 14.27% from 22.5%, indicating pressure on profitability despite topline growth. #CochinShipyard #Q3Earnings #DefenceStocks #PSUStocks #StockYardResearch