Cochin Shipyard FY26 Net Profit Dips, Recommends Rs1.5 Dividend

Board approved audited standalone and consolidated financial results for Q4 and FY26, recommending a final dividend of Rs1.5 per share.
Consolidated net profit for FY26 stood at Rs71,673.95 lakhs, a decrease from Rs82,733.05 lakhs in the previous year.
Auditors highlighted uncertainties regarding two suspended passenger vessel projects with a contract value of Rs81,900 lakhs.
The company capitalised Rs22,522.54 lakhs towards major projects 'International Ship Repair Facility' and 'New Dry Dock' during the year.