Mazagon Dock Shipbuilders Q4 Results: Mazagon Dock Shipbuilders announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Thursday, May 29, reporting a drop of 51 per cent in net profit to ₹325.3 crore, compared to ₹663 crore in the corresponding period last year.
The Mumbai-based defence public sector undertaking (PSU)’s consolidated revenue from operations in the fourth quarter of FY25 rose 2.3 per cent to ₹3,174.4 crore, compared to ₹3,103.7 crore in the year-ago period.
On the operational front, the defence PSU’s earnings before interest, taxes, depreciation and amortization (EBITDA) during the March quarter of FY25 tanked 83 per cent to ₹90 crore, compared to ₹524 crore in the year-ago period.
Mazagon Dock Shipbuilders Dividend
The defence PSU’s board recommended a Final Dividend of Rs. 2.71 per equity share of Rs. 5 each fully paid up for the Financial Year 2024-25. The final dividend, if declared, would be paid within 30 days from the date of its declaration at the Annual General Meeting (AGM) for the financial year ended 31 March 2025, the date of which shall be duly informed.
“The Board of Directors at its meeting held on 29th May, 2025, recommended a final dividend of ₹2.71 per equity share, subject to approval of shareholders. This is in addition to the first interitn dividend of Rs.11.595 (First interim dividend was paid at ₹23.19 per share based on the face value of Rs.10 and current FV is ₹5 per share after split off shares) and second interim dividend of 3.00 per equity share paid for the year by company,” said Mazagon Dock Shipbuilders in a regulatory filing to the stock exchanges.
Mazagon Dock Shipbuilders share price trend
Mazagon Dock Shipbuilders has delivered massive multibagger returns of 130 per cent in the last one year and over 4,390 per cent over the last five years. The multibagger defence PSU stock has rallied seven per cent in the last five days, 25 per cent in one month, and nearly 70 per cent year-to-date.
Mazagon Dock Shipbuilders manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries
