Company Overview of ABG Shipyard Limited
ABG Shipyard Limited builds ships and floating structures in India and internationally. The company’s products include side loader/newsprint/container ships, diesel electric propulsion diving support vessels, high speed aluminum interceptor vessel, bollard pull MPVs, dynamic positioning diving support vessels, well test/dynamic positioning supply vessels, well test/supply vessels, azimuthing stern drive bollard pull tugs, anchor handling tugs/supply vessels, multi-utility vessels, mini bulk carriers, and self loading/unloading bulk cement carriers. It also provides repair services, such as jumboising, ship conversion, refurbishment, modernization, upgradation, retrofitting, and rebuilding se...
13, Mathew Road
Founded in 1985
Key Executives for ABG Shipyard Limited
Chief Financial Officer
Total Annual Compensation: 7.5M
Total Annual Compensation: 5.7M
Compensation as of Fiscal Year 2016.
ABG Shipyard Limited Key Developments
Mahindra & Mahindra, Shapoorji Pallonji Group Mulls Acquisition Of ABG Shipyard
Oct 13 17
Mahindra & Mahindra Limited (NSEI:M&M), Shapoorji Pallonji & Company Limited are looking to acquire ABG Shipyard Limited (BSE:532682). They have separately bid for the assets with offers ranging between INR 3000 crore and INR 3500 crore.
Liberty House Among One Of The Bidders For ABG Shipyard And Amtek Indian Assets
Jul 25 17
Liberty House Group is looking to enter the Indian market and invest in the renewable energy, auto component, shipping, port, engineering and infrastructure sectors. Liberty House is one of the bidders for ABG Shipyard Ltd and the India assets of Amtek Auto Limited (BSE:520077).
ABG Shipyard Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
Jul 4 17
ABG Shipyard Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 45.399 million against INR 19.963 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 3,078.469 million against INR 1,064.280 million a year ago. Loss from ordinary activities before tax was INR 8,220.342 million against INR 12,662.295 million a year ago. Net loss for the period was INR 8,220.342 million or INR 80.88 per basic and diluted share before and after extraordinary items against INR 12,662.295 million or INR 235.07 per basic and diluted share before and after extraordinary items a year ago.
For the year, the company reported net sales/income from operations of INR 92.105 million against INR 322.167 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 9,089.349 million against INR 13,972.520 million a year ago. Loss from ordinary activities before tax was INR 19,917.180 million against INR 19,940.268 million a year ago. Net loss for the period was INR 19,917.180 million or INR 256.10 per basic and diluted share before and after extraordinary items against net loss of INR 19,940.268 million or INR 370.19 per basic and diluted share before and after extraordinary items a year ago.
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