Cochin Shipyard (CSL) reported mixed Q1FY19 numbers. Shipbuilding (SB) and ship repair (SR) segment contributed 69% and 31% to the topline, respectively. Shipbuilding segment reported EBIT margins of 17.1% (normal margins 8-15%) whereas the ship repair segment reported margins of 21.4% (normal margins 25-35%) Revenue increased a strong 18.4% YoY to | 658.7 crore. Shipbuilding and ship repair revenues grew 14.1% and 29.3% YoY, respectively. We expected revenue of | 643.6 crore for quarter (15% YoY growth)...