Cochin Shipyard Q4 Results: Cochin Shipyard reported an 11% YoY rise in Q4FY25 net profit at Rs 287 crore, with revenue jumping 37% to Rs 1,757.65 crore. PAT surged 62% sequentially. The company announced a final dividend of Rs 2.25 per share. FY25 revenue stood at Rs 4,820 crore, up 26%. Shares jumped 7% intraday following the earnings announcement.
US SEC yet to serve legal documents to Gautam Adani, his nephew in alleged $265 million bribery case
The US SEC is actively working to serve legal documents to Gautam Adani and his nephew Sagar in India, concerning a securities case filed in