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Mazagon Dock Shipbuilders Ltd Q2FY25; 76% 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 Q2FY25 of ₹2,757.00 Crores up from ₹1,828.00 Crore year on year, a rise of 50.82%.

Total Expenses for Q2FY25 of ₹2,270.00 Crores up from ₹1,672.00 Crores year on year, a rise of 35.77%.

Consolidated Net Profit of ₹585.00 Crores up 75.68% from ₹333.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹29.01, up 75.82% from ₹16.50 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.

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