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Cochin Shipyard also declared an interim dividend of ₹4 per equity share
Construction is scheduled to begin in February 2026
The bank plans to focus on retail loan growth while remaining cautious on microfinance and personal loans.
India has emerged as a reliable alternative, offering a vast pool of skilled professionals at comparatively lower costs.
The order is worth more than ₹2,000 crore.
Top Kerala-based companies suffered a ₹13,000 crore decline in market capitalisation following punitive tariffs imposed by the US.
The board of the company recommended a final dividend of ₹1 per equity share for the financial Year 2024-25.
The bank's total income decreased to ₹103 crore in the quarter from the ₹106 crore recorded in the previous quarter.
Meanwhile, the bank said that it recorded a net profit of ₹1,302.88 crore for FY 2025
The profit margin of Cochin Shipyard dropped to 16 per cent in Q4 compared to the 20 per cent reported last year.
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