Cochin Shipyard’s arm bags order from Heritage River Journeys; shares open in red

Cochin Shipyard’s wholly owned subsidiary -- Hooghly Cochin Shipyard (Hooghly CSL) has bagged an order from Heritage River Journeys, operating under the Brand name Antara River Cruises, for the construction of two Luxury River Cruise vessels to be operated on the Brahmaputra River. Once these vessels are put into operation, India, with its large network of rivers and waterways, will secure a prominent position on the global river cruise map.

This contract represents the synergy of World-Class shipbuilding Expertise and high-end riverine hospitality, & reinforces a shared commitment to the growth of luxury river cruise tourism in India. The new vessels promise to set new benchmarks for luxury, safety, and sustainability in inland navigation and reflect a strong push towards the Government of India’s ‘Make in India’ initiative and showcase India’s growing capacity to design and construct globally competitive cruise vessels of international standards.

Antara River Cruises, renowned for its immersive voyages along the Ganga, Padma, and Brahmaputra river systems, currently operates a fleet of bespoke luxury cruise vessels that sail South Asia’s most iconic rivers. Its flagship vessel, Ganga Vilas, offers the longest, most picturesque river cruise in the world. This epic journey, famously showcased by the Limca Book of Records, covers over 3,200 kilometres across 27 rivers, and traverses diverse regions including the Gangetic plains, the Sundarbans, and the Brahmaputra Valley.

A decent increase of about 34.73% in the sales to ₹1651 crore was observed for the quarter ended March 2025. The sales figure stood at ₹1225 crore during the year-ago period. The Company has registered profit of ₹284 crore for the quarter ended March 2025, a growth of 7.57% over ₹264 crore achieved in the corresponding quarter of last year. Operating profit surged to ₹408 crore from the corresponding previous quarter of ₹365 crore.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.