New Delhi, Aug. 17 -- Shares of Cochin Shipyard, a leading shipbuilding and repair yard in India, dropped 4% in intraday deals on Monday, falling to Rs.1,435 apiece, in reaction to the company's weak set of numbers for the June quarter.

The company, on Friday, post market hours, reported a 19.4% year-on-year decline in consolidated net profit to Rs.151.45 crore, compared with Rs.188 crore in the corresponding quarter last year.

Compared to the March quarter, the net profit came in even lower by 45.2%, while revenue from operations rose 2.4% YoY to Rs.1,094.21 crore from Rs.1,068.59 crore in Q1 FY26. However, it fell 26% on a QoQ basis, as it stood at Rs.1,484 crore in Q4 FY26.

The pressure was visible at the operating level, with EBITD...