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Mazagon Dock Q2 Profit Falls 54% to Rs 344 Crore

Mazagon Dock Shipbuilders reported consolidated net profit of Rs 344 crore for FY27’s second quarter, down 54% year on year from Rs 749 crore. Revenue and operating margins also weakened sharply.

MAZDOCK

Mazagon Dock Shipbuilders reported a 54 per cent year-on-year decline in consolidated net profit to Rs 344 crore for the second quarter of FY27, compared with Rs 749 crore in the same quarter a year earlier, as revenue and operating margins weakened sharply.Revenue from operations fell 16.5 per cen…