Categories AlphaGraphs, Earnings, Industrials
Mazagon Dock Shipbuilders Ltd Q4FY24; 106% 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 Q4FY24 of ₹3,104.00 Crores up from ₹2,079.00 Crore year on year, a rise of 49.3%.
Total Expenses for Q4FY24 of ₹2,604.00 Crores up from ₹1,890.00 Crores year on year, a rise of 37.78%.
Consolidated Net Profit of ₹654.00 Crores up 105.66% from ₹318.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹32.44, up 105.71% from ₹15.77 in the same quarter of the previous year.
![](https://i1.wp.com/alphastreet.com/india/wp-content/uploads/2024/05/image-214.png?resize=640%2C781&ssl=1)
*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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