Mazagon Dock Shipbuilders Ltd Share Price – NSE /  BSE

Aerospace & Defence, Mid Cap

Garden Reach Shipbuilders & Engineers Ltd, Mahanagar Telephone Nigam Ltd, PNC Infratech Ltd and Cochin Shipyard Ltd are among the other gainers in the BSE's 'A' group today, 10 February 2025.

Mazagon Dock Shipbuilders Ltd spiked 8.47% to Rs 2420.8 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.27 lakh shares were traded on the counter so far as against the average daily volumes of 2.17 lakh shares in the past one month.

Garden Reach Shipbuilders & Engineers Ltd surged 5.53% to Rs 1574.4. The stock was the second biggest gainer in 'A' group. On the BSE, 40482 shares were traded on the counter so far as against the average daily volumes of 65707 shares in the past one month.

Mahanagar Telephone Nigam Ltd soared 4.98% to Rs 54.8. The stock was the third biggest gainer in 'A' group. On the BSE, 18.91 lakh shares were traded on the counter so far as against the average daily volumes of 10.29 lakh shares in the past one month.

PNC Infratech Ltd added 4.17% to Rs 307. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.45 lakh shares were traded on the counter so far as against the average daily volumes of 34494 shares in the past one month.

Cochin Shipyard Ltd advanced 3.81% to Rs 1412.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 55466 shares were traded on the counter so far as against the average daily volumes of 83140 shares in the past one month.

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Net profit of Mazagon Dock Shipbuilders rose 28.76% to Rs 807.04 crore in the quarter ended December 2024 as against Rs 626.78 crore during the previous quarter ended December 2023. Sales rose 33.06% to Rs 3143.62 crore in the quarter ended December 2024 as against Rs 2362.47 crore during the previous quarter ended December 2023.

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Profit before tax stood at Rs 1,062.57 crore in the third quarter of FY25, registering a growth of 35.14% on a YoY basis.

Total expenses were at Rs 2,367.49 crore in the December 2024 quarter, up 28.32% YoY. The cost of materials consumed was at Rs 973.3 crore (up 1.41% YoY), while power and fuel expenses stood at Rs 4.86 crore (up 9.70% YoY) during the period under review.

EBITDA soared 36.63% YoY to Rs 1,104 crore in the quarter ended 31 December 2024. Operating margin improved to 25% in Q3 FY25, compared with 22% registered in Q3 FY24.

The shipbuilding company’s total order book stood at Rs 34,787 crore as on 31 December 2024.

On a nine-month basis, the company’s net profit spiked 63.91% to Rs 2,088.22 crore on a 29.77% rise in revenue from operations to Rs 8,257.47 crore in 9M FY25 over 9M FY24.

Mazagon Dock Shipbuilders is principally engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers.

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Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 7 February 2025.

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