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Cochin Shipyard Q3 PAT tumbles 18% YoY to Rs 145 cr

29-Jan-26 09:44 Hrs IST

Profit before tax declined 18.6% YoY to Rs 196.78 crore in Q3 FY26, compared with Rs 241.86 crore in the corresponding quarter last year.

Total expenses jumped 28.52% YoY to Rs 1,224.77 crore during the quarter. The cost of materials consumed was at Rs 596.80 crore (up 16.31% YoY), while employee benefits expenses stood at Rs 123.32 crore (up 19.54% YoY) during the period under review.

On the segmental front, revenue from shipbuilding stood at Rs 1,013.12 crore (up 56.49% YoY), while revenue from ship repair stood at Rs 337.29 crore (down 32.57% YoY) during the quarter.

Meanwhile, the company declared a second interim dividend of Rs 3.50 per equity share for FY26, with 3 February 2026 set as the record date. The dividend will be paid on or before 26 February 2026.

During the quarter, the board approved the formation of a joint venture with HBL Engineering to develop electric mobility technology and energy storage solutions for the marine sector. It also approved the acquisition of a 23% stake in Netherlands-based Conoship International Holding BV to strengthen its European presence by gaining access to advanced ship design capabilities.

Cochin Shipyard is a leading player in the construction of all kinds of vessels and the repair and refit of all types of vessels, including periodic upgrades and life extensions of ships.

The counter rose 0.53% to Rs 1,631.20 on the BSE.

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Sr No	Start Date	Department	Tender Details	Status
1	28-01-2026	IT	RFP for Procurement of Sophos Firewall
			A. General Information
			B. Technical BID
			C. Financial BID
2	01-01-2026	IA	RFP for Appointment of Internal Auditors for Period April 2026 – March 2027	Open
3	01-01-2026	IA	RFP for Appointment of Concurrent Internal Auditors for Period April 2026 – March 2027	Open
4	27-11-2025	IT & IT Back office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors	Cancelled
	27-01-2026	IT & IT Back office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors	Cancelled
			A. Schedule of Pre-Bid Meeting - RFP No. IFIN/IAAP/2025-26/001
			B. Technical BID Meeting Link
5	30-10-2025		RFP for Vehicle Hiring
			A. General Information
			B. Technical BID Meeting Link
			C. Financial BID Meeting Link
6	02-09-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial BID Meeting Link
7	21-08-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
8	14-07-2025		RFP document for the Cloud Voice Logger	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
9	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
10	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
11	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Pre Bid Meeting Link
			E. Technical BID Meeting Link
			F. Financial Bid Opening
12	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
13	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
14	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
			A. News Paper Article
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Pre Bid Meeting Link
			F. Technical BID Meeting Link
			G. Financial BID Meeting Link
15	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
			A. Request For Proposal
			B. Extension of RFP
16	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
17	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
18	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
19	28-10-2024	IT	RFP for Procurement of Firewall	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
20	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
21	07-07-2023	CS	RFP for Secretarial Audit
22	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
23	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
24	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
25	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
26	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
27	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
28	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
29	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
30	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
31	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
32	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
33	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
34	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed