Cochin Shipyard records highest-ever turnover and profits for 2024-25

Cochin Shipyard Limited (CSL) achieved its highest-ever turnover of ₹4,820 crores for the financial year 2024-25, marking a significant milestone. Profit Before Tax (PBT) reached ₹1,125 crores, and Profit After Tax (PAT) stood at ₹827 crores. The company's net worth also increased to ₹5,579 crores as of March 31, 2025. Shipbuilding income contributed ₹2,955 crores, while ship repair income was ₹1,865 crores.

The board recommended a final dividend of ₹2.25 per equity share, bringing the total dividend for FY 2024-25 to ₹9.75 per equity share, amounting to ₹256.50 crores. In October 2024, the Government of India divested 4.95% of its stake, reducing its shareholding in CSL to 67.91%. The company has a robust order book of ₹21,150 crores, including 74 vessels across its group, with 50 currently under construction. CSL continues to focus on green shipping initiatives and technological advancements.