Mazagon Dock Q3 Results : Net profit soars 77% to ₹626.8 cr; revenue jumps 30%

MUMBAI : Revenue from operations during the reporting period surged 30% on-year to ₹2,362.5 crore as against ₹1,815.9 crore in the corresponding period of last year. EBITDA or operating profit jumped 82% on-year to ₹539 crore in the quarter, while margins improved to 22.8%.

The Board at its meeting November 8 last year had recommended an interim dividend of ₹15.34 per share and the company had paid it on December 2023.

Shares of Mazagon Dock closed 4.56% higher at ₹2,213.90 apiece on the NSE today. The scrip has rallied over 200% in the last one year.

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