MAZDOCK Q2 Results: Revenue rose by 50.00% year-over-year (YoY) to Rs. 2757 crore, while net profit rose by 75.00% YoY to Rs. 585 crore.
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.
Revenue
Revenue for the current quarter (Sep 2024) is Rs. 2757 crore which is Rs. 2357 crore more than the revenue in the previous quarter (Jun 2024). However, it is higher than the revenue for the same quarter last year (Sep 2023) which was Rs. 1828 crore.
Net Profit
Net Profit for the current quarter (Sep 2024) is Rs. 585 crore, which is Rs. 696 crore less than the net profit in the previous quarter (Jun 2024). However, compared to the same quarter last year, it is significantly higher than the net profit of Rs. 333 crore for Sep 2023.
EPS
The EPS for the current quarter (Sep 2024) is 29, which is 34 less than the EPS for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the EPS of 16 for Sep 2023.
Other Income
Other income for the current quarter (Sep 2024) is Rs. 254 crore, which is Rs. 271 crore less than the other income for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the other income of Rs. 251 crore for Sep 2023.