Pipavav Defence and Offshore Engineering reports 10.73% fall in Q2 net profit

Swan Defence and Heavy Industries Ltd. | Ship Building | Construction & Infrastructure | BSE: 533107 | NSE: SWANDEF

12 Nov 2012 Evaluate

Pipavav Defence and Offshore Engineering has reported results for second ended September 30, 2012.

The company has reported 10.73% fall in its net profit at Rs 8.40 crore for the quarter as compared to Rs 9.41 crore for the same quarter in the previous year. However, total income of the company has increased by 46.82% at Rs 670.02 crore for quarter under review as compared to Rs 456.36 crore for the quarter ended September 30, 2011.

Pipavav Defence and Offshore Engineering Company is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit spread over around 95 hectares of land and another export oriented unit (EOU) spread over around 103.92 hectares of land.

Peers

Company Name	CMP
Mazagon Dock Ship.	2140.00
Cochin Shipyard	1328.90
VMS Industries	17.60
Swan Defence & Heavy	2593.00
Knowledge Marine	2871.50
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