Mumbai, Aug. 17 -- Profit before tax declined 18.86% YoY to Rs 202.49 crore in Q1 FY27, compared with Rs 249.54 crore in the corresponding quarter last year.

Total expenses rose 9.79% YoY to Rs 958.76 crore during the quarter. The cost of materials consumed stood at Rs 453.26 crore (up 39.44% YoY), while employee benefits expenses stood at Rs 127.07 crore (up 19.04% YoY) during the period under review.

Cochin Shipyard is a leading player in the construction of all kinds of vessels and the repair and refit of all types of vessels, including periodic upgrades and life extensions of ships.

Published by HT Digital Content Services with permission from Capital Market....