· Total Income at Rs. 3812.13 Lacs; up by 27.01%
· Net Profit at Rs. 456.26 Lacs
· EPS at Rs. 0.15
· EBIDTA – 1042.47 Lacs
Mumbai, Aug 9th, 2011: Western India Shipyard Ltd (WISL), part of ABG Group and India’s largest composite ship & rig repairer, announced a 27.01% jump inits total income to Rs 3812.13 Lacs for the quarter ended June 30th, 2011 as against Rs 3001.35 Lacs in the same period of last fiscal. Net Profit for the quarter stood at Rs. 456.26 Lacs.
During the year WISL has repaired 10 vessels of Indian flag and foreign flag.
EPS for the quarter stood at Rs. 0.15.
Western India Shipyard Limited (WISL), India’s largest composite ship & rig repair facility in the private sector is one of the world’s advanced multi-dimensional and multi-purpose yard offering modern, streamlined, sophisticated ship & rig repair facilities and services. WISL’s state-of-the-art Floating Dry Dock has a capacity to repair ships up to 60,000 dwt and to accommodate ships up to 225m. length and 32.5m. in breadth. The yard has been designed and established in collaboration with world leaders in Ship Repairs. Functionally laid out and built around the gravity centre concept, the yard is 90% covered by lift and carry facilities. WISL is strategically located at Goa along the west coast of India at 15° 25′ North and 73° 47′ East and is geographically best positioned to offer a complete range of ship repair services.