Pipavav Defence and Offshore Engineering Company has reported results for the second quarter ended September 30, 2011.
The company has reported a net profit of Rs 9.41 crore for the quarter as compared to a net loss of Rs 2.20 crore for the corresponding quarter of the previous year. The company’s total income has soared 133.57% at Rs 456.37 crore for the second quarter of the current fiscal from Rs 195.39 crore for the corresponding quarter of the previous year.
Pipavav Defence and Offshore Engineering Company, formerly Pipavav Shipyard, 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) Unit spread over around 103.92 hectares of Land.
Company Name | CMP |
---|---|
Shipping Corpn. | 247.85 |
GE Shipping | 1005.75 |
Dredging Corp | 942.00 |
Shreyas Shipping | 304.40 |
Seamec | 1135.95 |
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