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Finance & Markets

Cochin Shipyard net profit falls 50% to Rs 54 crore in Q2

Cochin Shipyard Ltd reported a 50% decline in consolidated net profit for the September quarter of FY27. The company's net profit fell to Rs 53.77 crore compared to Rs 107.52 crore a year earlier. However, total income increased to Rs 1,331.81 crore from Rs 1,245.88 crore during the same period. Total expenses also rose to Rs 1,256.71 crore compared to Rs 1,095.97 crore previously.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Stock Market Drops Marginally on Losses in NAHCO, 20 Others

Kayode Tokede The stock market closed yesterday’s session on a negative note, investor’s profit taking in Nigerian Aviation Handling Company (NAHCO) Plc and 20 others caused market indicator to drop

  • Nigerian stock market marginally declined by 0.06 percent on previous trading day.
  • Nigerian Aviation Handling Company (NAHCO) and 20 other companies led the decline.
  • Market sentiment remained positive with more stocks advancing than declining.

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