The profit of government shipbuilding company Mazagon Dock Shipbuilders Limited in the second quarter (July-September) of FY 2025 has increased by 76% on an annual basis (YoY) to Rs 585 crore. Net profit was ₹333 crore in the same quarter a year ago. Mazagon Dock released its second quarter results today i.e. on 5th November.
Mazgaon Dock's revenue increased by 51% to Rs 2,757 crore.
Consolidated revenue from operations of the company stood at Rs 2,757 crore. There has been an increase of 51% on annual basis. In the same quarter a year ago, the company had generated revenue of Rs 1,828 crore. The amount received from selling goods and services is called revenue.
Mazagon Dock shares gave 116% return in one year
After the results, there was a rise of about 4% in the company's shares, it closed at the level of Rs 4,187. Mazagon Dock shares have given a return of 116% in one year. The company's shares have risen 86% in the last six months. The market cap of the company is Rs 84.6 thousand crore.
The company started by building a dry dock in 1774.
Mazagon Dock Shipbuilders Limited is a leading government ship building company. Its history dates back to 1774, when a small dry dock was built at Mazgaon. It gradually grew and was incorporated as a private limited company in 1934.
After it was taken over by the government in 1960, Mazagon Dock developed rapidly and became India's major war-shipbuilding yard. Since 1960, Mazagon Dock has constructed a total of 801 ships. This includes 27 warships and 7 submarines.
The company has also delivered Cargo Ships, Passenger Ships, Supply Vessels, Multipurpose Support Vessels, Water Tankers to various customers in India as well as abroad. The government remains the largest shareholder in Mazagon Dock with 84.8% stake as of March quarter.
Graphics Source: VaskarAssets
