Distribution business drags overall performance; shipyard revenue rises sharply to ₹31 crore

Distribution business drags overall performance; shipyard revenue rises sharply to ₹31 crore

Cochin Shipyard reported a 19.4% year-on-year decline in Q1FY27 consolidated profit to Rs 151.5 crore, despite 2.3% revenue growth. EBITDA fell 20.4%, dragging margins lower,…