Cochin Shipyard Limited (CSL) has formally handed over its profit share for the financial year 2025–26 to Mumbai Port Authority (MbPA) for the CSL Mumbai Ship Repair Unit (CMSRU), marking a significant milestone in the unit’s operational and financial performance.
The cheque was handed over by Jose V. J., Chairman and Managing Director of CSL, to Dr. Angamuthu, Chairperson of Mumbai Port Authority, in the presence of senior officials from both organisations.
The CSL delegation included Rajesh Gopalakrishnan, Director (Technical); Sivakumar A., Chief General Manager (Ship Repair); Sanil Peter, General Manager (Ship Repair); and Shyam Kumar G., Unit Head. Heads of departments from Mumbai Port Authority were also present on the occasion.
CMSRU recorded a turnover of more than ₹200 crore during the period, reflecting its strong operational performance and growing contribution to the ship repair sector.
The milestone underscores the successful partnership between Cochin Shipyard and Mumbai Port Authority in developing ship repair capabilities and strengthening India’s maritime ecosystem. The collaboration also highlights the potential for port-led infrastructure and specialised ship repair services to support the country’s growing maritime industry.