Hot Pursuit     11-Aug-23
Mazagon Dock Q1 PAT jumps 32% YoY to Rs 287 cr
Mazagon Dock Shipbuilders' standalone net profit surged 32.07% to Rs 286.62 crore in Q1 FY24 as against Rs 217.02 crore posted in Q1 FY23.
Revenue from operations jumped 32.26% year on year (YoY) to Rs 2,172.76 crore in the quarter ended 30 June 2023.

EBITDA grew 30.32% to Rs 404 crore in the first quarter from Rs 310 crore recorded in the same period last year.

Profit before tax in Q1 FY24 stood at Rs 383 crore, up by 32.07% from Rs 383 crore in Q1 FY23.

Total order book as on 30 June 2023 stood at Rs 39,117 crore.

Mazagon Dock Shipbuilders is one of India's leading defence public sector undertaking shipyard under the Ministry of Defence. Its main activities are construction of warships and submarines.

The scrip slipped 2.75% to Rs 1,744.35 on the BSE.

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