New Delhi, May 15 -- Cochin Shipyard on Thursday reported a 27% year-on-year (YoY) rise in its consolidated net profit at Rs.287.18 crore in the fourth quarter, compared with Rs.258.88 crore in the same quarter of last year.

Revenue from operations in the same period surged 36.7% YoY to Rs.1,757.65 crore. The same stood at Rs.1,286.05crore in the corresponding period of previous year.

Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for the quarter saw a decline of 7.6% compared to the same period last year, totaling Rs.266 crore. Additionally, margins contracted by 730 basis points, dropping to 15.10% from 22.40% a year ago.

The board has also proposed a final dividend of Rs.2.25 per equity share with a face valu...