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September 05, 2015 5:16 AM ET

Machinery

Company Overview of COCHIN Shipyard Ltd.

Company Overview

COCHIN Shipyard, Ltd. operates as a shipbuilding and repair yard. It provides ship building of tankers, product carriers, bulk carriers, passenger vessels, high bollard pull tugs, and air defense ships; anchor handling tug supply vessels and platform supply vessels; and ship repair services, which include upgradation of mobile offshore drilling units and life extension of ships, as well as maintenance and repairs to the aircraft carriers, tankers, and bulk carriers. The company also engages in offshore projects and marine engineering training. COCHIN Shipyard, Ltd. was founded in 1969 and is based in Cochin, India.

39/6080 Administrative Building

Perumanoor

Cochin,  682015

India

Founded in 1969

Phone:

91 48 4236 1181

Fax:

91 48 4237 0897

Key Executives for COCHIN Shipyard Ltd.

Chairman and Managing Director
Director of Finance and Director
Director of Operations, Director and Member of Contracts & CAPEX Committee
Head of CSR and General Manager of Industrial Relations & Administration
Chief Welfare Officer and Deputy General Manager
Compensation as of Fiscal Year 2015.

COCHIN Shipyard Ltd. Key Developments

Cochin Shipyard Limited Launches the Sixteenth Fast Patrol Vessel for Indian Coast Guard

Cochin Shipyard launched the sixteenth of the 20 Fast Patrol Vessels (BY 516) being built for Indian Coast Guard. The vessel was named `ICGS ARNVESH'. CSL has so far delivered 13 vessels in the 20 vessel series and the fourteenth vessel is getting ready for sea trials. The thirteenth vessel ICGS ANMOL was handed over to the Indian Coast Guard on 01 June 2015 nearly 20 days ahead of the schedule.

COCHIN Shipyard Ltd. Announces Unaudited Standalone Earnings Results for the Half Year Ended March 31, 2015

COCHIN Shipyard Ltd. announced unaudited standalone earnings results for the half year ended March 31, 2015. For the six months, net sales/income from operations (net of excise duty) was INR 9,924.255 million against INR 7,676.452 a year ago. Profit from operations before other income, finance cost and exceptional items were INR 1,402.597 million against INR 730.074 million a year ago. Profit from ordinary activities before tax was INR 1,827.818 million against INR 1,009.063 million a year ago. Net profit for the period was INR 1,098.573 million against INR 682.577 million a year ago. Earnings per share were INR 9.70 against INR 6.03 a year ago.

COCHIN Shipyard Ltd., Board Meeting, May 13, 2015

COCHIN Shipyard Ltd., Board Meeting, May 13, 2015. Agenda: To approve unaudited standalone earnings results for the half year ended March 31, 2015.

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