Cochin Shipyard’s PAT up in Q1

Cochin Shipyard has reported a healthy increase of 17 per cent in its PAT to Rs 106.31 crore for Q1FY19, as compared to Rs 91.16 crore in the corresponding quarter of last fiscal. The company’s Q1FY19 PAT margin stood at 16.14 per cent, as compared to 16.39 per cent in Q1FY18.

Revenue from operations for the quarter ended June 30, 2018 stood at Rs 658.73 crore, as compared to Rs 556.25 crore in the same period last year, said a release.

Manjula

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