Mazagon Dock Shipbuilders Ltd Q3FY25; 29% 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 Q3FY25 of ₹3,144.00 Crores up from ₹2,362.00 Crore year on year, a rise of 33.11%.

Total Expenses for Q3FY25 of ₹2,368.00 Crores up from ₹1,844.00 Crores year on year, a rise of 28.42%.

Consolidated Net Profit of ₹807.00 Crores up 28.71% from ₹627.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹20.01, up 28.76% from ₹15.54 in the same quarter of the previous year.