Mazagon Dock Shipbuilders Q1 Results PAT Up to ₹69,610 Lakhs, Income Down to ₹2,62,802 Lakhs

Mazagon Dock Shipbuilders recently announced their financial results for the first quarter of the 2024-2025 fiscal year. For the period ending June 30, 2024, the company reported a total income of ₹2,62,802 lakhs, which is a decrease compared to ₹3,45,237 lakhs in the previous quarter.

The revenue from operations also dropped slightly to ₹2,35,702 lakhs from ₹3,10,365 lakhs, while their other income remained relatively steady at ₹27,100 lakhs. This shows a mixed performance in terms of income, with some areas seeing a reduction.

On the expense side, Mazagon Dock experienced a decrease in costs in terms of materials consumed and the procurement of spares. The company's total expenses for the quarter were ₹1,73,923 lakhs, down from ₹2,60,373 lakhs in the last quarter.

Despite these changes, the company achieved a profit before tax and exceptional items of ₹88,879 lakhs, up from ₹84,864 lakhs. Their profit after tax was ₹69,610 lakhs, an increase from ₹66,297 lakhs. Overall, while the company faced some challenges with income reduction, it managed to improve its profitability compared to the previous quarter.

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Mazagon Dock Shipbuilders Q1 Results 2024 - 2025

Here’s a summary of Mazagon Dock Shipbuilders financial results for the first quarter of the 2024-2025 fiscal year:

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Mazagon Dock Shipbuilders Current Market Overview

Mazagon Dock Shipbuilders is currently trading at ₹5,045 per share, with a market capitalization of ₹1,01,747 crores. The stock has seen a high of ₹5,860 and a low of ₹1,742 in the past. It has a price-to-earnings ratio of 43.9, indicating the price investors are willing to pay for each unit of earnings.

The company's book value is ₹310 per share, and it offers a dividend yield of 0.30%. With a return on capital employed (ROCE) of 44.1% and a return on equity (ROE) of 35.2%, Mazagon Dock demonstrates strong profitability and efficient use of its resources.

Quarterly Results

Here is the table showing Mazagon Dock Shipbuilders financial performance for the quarters ending December 2023, March 2024, and June 2024:

About Mazagon Dock Shipbuilders 

Mazagon Dock Shipbuilders is a leading shipbuilding company based in Mumbai, India. Founded in 1774 and officially incorporated as a private company in 1934, it has a long history of constructing and repairing ships.

The company specializes in building warships for the Indian Navy, submarines, and various offshore structures. Over the years, Mazagon Dock has grown from a small repair yard into a major player in the shipbuilding industry, known for its advanced technology and quality work.

It plays a key role in supporting both domestic and international maritime needs.