Mazagon Dock Shipbuilders Ltd Q1FY25; 122% rise in Profits

Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms.

Financial Results:

Mazagon Dock Shipbuilders Ltd reported Revenues for Q1FY25 of ₹2,357.00 Crores up from ₹2,173.00 Crore year on year, a rise of 8.47%.

Total Expenses for Q1FY25 of ₹1,739.00 Crores down from ₹2,022.00 Crores year on year, a fall of 14.0%.

Consolidated Net Profit of ₹696.00 Crores up 121.66% from ₹314.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹34.51, up 121.36% from ₹15.59 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.