The PSU defence firm additionally declared an interim dividend of Rs 3.50 per fairness share for the monetary yr FY26 and has fastened Tuesday, February 3, 2026 because the file date for the interim dividend. It is going to pay the dividend to the shareholders on or earlier than February 26, 2026.
Amongst different key choices, Cochin Shipyard board authorised the proposal for forming a three way partnership firm with HBL Engineering Restricted for the aim of creating electrical mobility expertise and power storage options within the marine area.
It additionally authorised the proposal for acquisition of 23% fairness shares of Conoship Worldwide Holding B.V. (Conoship), Netherlands with the target of building a footprint within the European market by way of entry to European ship design capabilities.
The revenue after tax (PAT), although, climbed 35% on a sequential foundation versus Rs 108 crore in Q2FY26 whereas the topline elevated by 21% quarter-on-quarter in comparison with Rs 1,119 crore.
The corporate incurred bills of Rs 1,225 crore in Q3FY26, up 29% on a YoY foundation in opposition to Rs 953 crore within the yr in the past interval. It was up 12% QoQ versus Rs 1,096 crore in Q2FY26. The bills had been made on the price of supplies consumed, finance price and worker profit bills, amongst different issues.
The corporate’s debt-to-equity ratio in Q3FY26 stood at 0.17 versus 0.10 in Q2FY26 and 0.01 in Q3FY25.Additionally learn: Larsen & Toubro Q3 Outcomes: Cons PAT drops 4% YoY to Rs 3,215 crore on one-time provision, however income grows 10%
Phase income
— Ship constructing: The income stood at Rs 1,013 crore in Q3FY26 versus Rs 759 crore in Q2FY26 and Rs 647 crore in Q3FY25.
— Ship restore: The income stood at Rs 337 crore in Q3FY26 versus Rs 360 crore in Q2FY26 and Rs 500 crore in Q3FY25.
— Unallocated: The income stood at Rs 711 crore in Q3FY26 versus Rs 127 crore in Q2FY26 and Rs 468 crore in Q3FY25.
(Disclaimer: The suggestions, ideas, views, and opinions given by the consultants are their very own. These don’t characterize the views of The Financial Instances.)
