Consolidated revenue rose 21.3% year-on-year to ₹3,850.39 crore from ₹3,174.41 crore. EBITDA surged 355% to ₹542.89 crore from ₹119.34 crore in the year-ago period. EBITDA margin stood at 14.1%, compared with 3.8% in the corresponding quarter last year.
Also Read: Mazagon Dock targets ₹1 lakh crore order book by FY26
Mazagon Dock Shipbuilders said its board has recommended a final dividend of ₹4.62 per equity share of face value ₹5 each for the financial year ended March 31, 2026. The dividend proposal is subject to shareholder approval at the upcoming annual general meeting.
Mazagon Dock Shipbuilders Ltd (MDL) primarily constructs warships, submarines, and commercial vessels for the Indian Navy, Coast Guard, and international clients, while also fabricating offshore oil platforms and performing repairs. It is an Indian public sector undertaking under the Ministry of Defence.
Shares of Mazagon Dock Shipbuilders Ltd ended at ₹2,733.25, down by ₹38.25, or 1.38%, on the BSE.
Also Read: Mazagon Dock shares surge 11% in anticipation of large orders by the end of FY26
