Mazagon Dock Q2 Profit Slumps 71% As Margins Shrink; Board Clears ₹1,250 Crore Credit Facility

Mazagon Dock Shipbuilders reported a sharp deterioration in its financial performance for the September quarter of FY27, as weaker revenue generation and significantly lower margins weighed heavily on earnings.The state-owned shipbuilder posted a net profit of ₹199 crore in the second quarter, representing a steep 71% decline from ₹695 crore recorded in the corresponding period of the previous
Mazagon Dock Shipbuilders reported a sharp deterioration in its financial performance for the September quarter of FY27, as weaker revenue generation and significantly lower margins weighed heavily on earnings.The state-owned shipbuilder posted a net profit of ₹199 crore in the second quarter, representing a steep 71% decline from ₹695 crore recorded in the corresponding period of the previous
Go to Source