Mazagon Dock Shipbuilders Q2 Results: Profit jumps 75.7% YoY to Rs 585 Cr

2 hours ago 1

Mazagon Dock Shipbuilders posted a robust 75.7 per cent year-on-year (YoY) summation successful nett aft taxation (PAT), reaching Rs 585 crore for the 4th ending September 2024. This is simply a important emergence from Rs 332.9 crore successful the aforesaid play past year.

The institution besides saw a beardown surge successful revenue, which climbed 50.8 per cent YoY to Rs 2,756.8 crore, up from Rs 1,827.7 crore during the corresponding 4th of the erstwhile fiscal year.

EBITDA experienced singular growth, up 189.1 per cent YoY to Rs 511 crore compared to Rs 177 crore successful the prior-year quarter. This important summation successful operational ratio led to an EBITDA borderline enlargement of 886 ground points, bringing margins up to 18.5 per cent from 9.7 per cent successful the erstwhile year’s quarter.

Mazagon Dock Shipbuilders’ beardown show reflects effectual outgo absorption and maturation successful operational activities for the quarter.

(This is simply a processing story. Stay tuned for more)

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article