On July 30, 2026, Mazagon Dock Shipbuilders Limited released its consolidated unaudited financial results for the quarter ending June 30, 2026, as per the exchange filings.
The company reported a total income of ₹3,255.88 crore and net profit of ₹550.46 crore for the quarter ending June 30, 2026.
In the June 2026 quarter, Mazagon Dock Shipbuilders Limited experienced a decline in its total income, which fell by 21.2% from the March 2026 quarter.
Despite this quarterly drop, the total income showed a 10.4% increase on a year-on-year basis, rising from ₹2,949.17 crore in the June 2025 quarter to ₹3,255.88 crore in the current period.
The company's net profit also saw a reduction of 18.3% on a quarter-on-quarter basis, decreasing from ₹674.16 crore in the March 2026 quarter to ₹550.46 crore in the June 2026 quarter.
However, when compared to the June 2025 quarter, net profit increased by 21.7%, up from ₹452.15 crore.
For the financial year 2026, Mazagon Dock Shipbuilders Limited reported a total income of ₹14,145.71 crore. The net profit for the same period stood at ₹2,578.36 crore. These figures provide a broader perspective on the company's financial health over the year.
Mazagon Dock reported total consolidated expenses of ₹2,569.43 crore for the three-month period.
Cost of materials consumed represented the largest financial outgo at ₹949.03 crore, followed by sub-contract expenses at ₹369.44 crore and employee benefits at ₹289.10 crore. Operational efficiency kept the profit before tax (PBT) healthy at ₹686.45 crore.
After accounting for a total tax expense of ₹174.41 crore, the group's net profit before accounting for associates stood at ₹512.04 crore.
The final bottomline was further strengthened by a ₹38.42 crore share of net profit from its associate company. Ultimately, consolidated profit for the period settled at ₹550.46 crore, yielding an earnings per share (EPS) of ₹13.62.
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As of July 31, 2026, at 10:12 AM, Mazagon Dock Shipbuilders share price on NSE was trading at ₹2,370.90, up by 2.23% from the previous closing price.
Mazagon Dock Shipbuilders Limited's Q1 2026 results show a 21.2% QoQ decline in total income to ₹3,255.88 crore, with a 10.4% YoY increase. Net profit decreased by 18.3% QoQ to ₹550.46 crore, while increasing 21.7% YoY.
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Published on: Jul 31, 2026, 10:55 AM IST
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