Private sector ship builder, ABG Shipyard today said its net profit for the quarter ended December 31, 2008 declined by 2.27 per cent to Rs 46.04 crore.
The company had a net profit of Rs 47.11 crore for the same quarter FY 2008, ABG Shipyard said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs 488.90 crore for quarter under review, against Rs 274.96 crore in the corresponding year-ago period.
For the nine months ended December 31, the company has posted a net profit of Rs 119.13 crore, against Rs 114.62 crore in the same period a year ago.
Shares of ABG Shipyard were trading at Rs 73.65, up 1.24 per cent on the BSE.
