Mazagon Dock Shipbuilders announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the final dividend of Rs 12.11 per equity Share (i.e. 121.1%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Mazagon Dock Shipbuilders rose 103.25% to Rs 662.97 crore in the quarter ended March 2024 as against Rs 326.19 crore during the previous quarter ended March 2023. Sales rose 49.32% to Rs 3103.65 crore in the quarter ended March 2024 as against Rs 2078.59 crore during the previous quarter ended March 2023.For the full year,net profit rose 73.09% to Rs 1936.97 crore in the year ended March 2024 as against Rs 1119.03 crore during the previous year ended March 2023. Sales rose 20.94% to Rs 9466.58 crore in the year ended March 2024 as against Rs 7827.18 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales3103.652078.59 49 9466.587827.18 21 OPM %16.8910.13 -14.9110.21 - PBDT871.57419.90 108 2507.961478.26 70 PBT848.64399.53 112 2424.831402.68 73 NP662.97326.19 103 1936.971119.03 73 Powered by Capital Market - Live News

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

Net profit of Mazagon Dock Shipbuilders rose 76.98% to Rs 626.78 crore in the quarter ended December 2023 as against Rs 354.16 crore during the previous quarter ended December 2022. Sales rose 30.10% to Rs 2362.47 crore in the quarter ended December 2023 as against Rs 1815.91 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales2362.471815.91 30 OPM %22.8216.29 - PBDT806.50470.09 72 PBT786.23451.73 74 NP626.78354.16 77 Powered by Capital Market - Live News

Mazagon Dock Shipbuilders (MDL) has signed a contract worth Rs 1070 crore with Acquisition wing of Ministry of Defence for Construction and Delivery of Fourteen (14) Fast Patrol Vessels (FPVs) for Indian Coast Guard (ICG) on 24 January 2024.Ist vessel delivery is T0 +24 months and delivery of subsequent vessels at intervals of three (03) months, where T0 is the date of release of advance payment by the Buyer to the Seller. Powered by Capital Market - Live News