Cochin Shipyard Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 6,000.88 million compared to INR 12,124.94 million a year ago. Revenue was INR 6,713.21 million compared to INR 13,242.57 million a year ago. Net income was INR 393.36 million compared to INR 2,746.15 million a year ago. Basic earnings per share from continuing operations was INR 1.495 compared to INR 10.44 a year ago. Diluted earnings per share from continuing operations was INR 1.495 compared to INR 10.44 a year ago.
For the full year, sales was INR 23,645.55 million compared to INR 31,909.47 million a year ago. Revenue was INR 25,715.67 million compared to INR 34,537.63 million a year ago. Net income was INR 3,047.09 million compared to INR 5,639.61 million a year ago. Basic earnings per share from continuing operations was INR 11.58 compared to INR 21.435 a year ago. Diluted earnings per share from continuing operations was INR 11.58 compared to INR 21.435 a year ago.