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Mazagon Dock Shipbuilders Ltd Q1FY24; 32% rise in Profits

Mazagon Dock Shipbuilders Ltd is primarily engaged in building & repairing of ships, submarines and various types of vessels and related engineering products for various domestic and international clients.
It was incorporated as a Pvt. company in 1934 and was taken over by the Government of India in 1960.

Financial Results:

Mazagon Dock Shipbuilders Ltd reported Revenues for Q1FY24 of ₹2,173.00 Crores down from ₹2,230.00 Crore year on year, a fall of 2.56%.

Total Expenses for Q1FY24 of ₹2,022.00 Crores down from ₹2,076.00 Crores year on year, a fall of 2.6%.

Consolidated Net Profit of ₹287.00 Crores up 32.26% from ₹217.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.21, up 32.06% from ₹10.76 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Shipbuilding
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