India's Cochin Shipyard has revealed it made more money in the three months to June, ahead of its August IPO.

The company announced net earnings of INR 911.6m ($14.24m), versus INR 809.7m in the same period of 2016.

Revenue was increased to INR 5.95bn against INR 4.48bn.

The yard carried out a $229m IPO in August. It was over-subscribed by 76 times.