17 Sep 2025 | 5 Mins Read

Cochin Shipyard wins ₹200-crore ONGC repair contract

Flipitmoney

Cochin Shipyard Limited signed a ₹200 crore contract with Oil and Natural Gas Corporation Limited for dry dock and repairs of a jack-up rig, expected to be completed within 12 months. Shares of Cochin Shipyard and ONGC closed higher on September 17, 3.48% and 0.76% respectively. Cochin Shipyard reported a 7.9% increase in Q1 net profit and 38.5% rise in revenue.