Shares of Mazagon Dock Shipbuilders plunged nearly 8% to ₹3,470 in early trade on May 30 after the company reported a steep decline in net profit for the fourth quarter ended March 31, 2025. The defence PSU’s Q4FY25 net profit came in at ₹325.3 crore, down 51% from ₹663 crore in the same quarter last year.
Despite the sharp fall in bottom line, the company’s consolidated revenue from operations rose modestly by 2.3% to ₹3,174.4 crore as against ₹3,103.7 crore in Q4FY24.
The pressure was more pronounced on the operational front, with EBITDA slumping 83% YoY to ₹90 crore from ₹524 crore, highlighting increased cost pressures or delayed project execution.
The company’s board has also recommended a final dividend of ₹2.71 per share (face value ₹5), which will be paid within 30 days of declaration at the AGM. This comes on top of the first interim dividend of ₹11.595 and a second interim dividend of ₹3 per share already paid during the year.
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