Cochin Shipyard Q3 results: Net profit rises 32% to Rs 224 cr

NEW DELHI: State-run on Friday posted a 32 per cent rise in consolidated net profit at Rs 223.73 crore during the quarter ended December. The company had posted a net profit of Rs 169.81 crore during the same quarter a year ago, the company said in a BSE filing. Its total income during the quarter under review fell to Rs 763.43 crore from Rs 950.34 crore in the year-ago period. The company, however, managed to reduce its total expenses to Rs 461.45 crore as compared to Rs 722.12 crore in the year-ago quarter. 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