Mazagon Dock Q4: Profit Drops 51%, Dividend Declared
- Mazagon Dock Shipbuilders Ltd, a state-owned entity, experienced a important drop in its consolidated net profit for the fourth quarter of fiscal year 2025.
- Sequentially, the shipbuilding revenue picture also reflected a decrease.
- The company's expenses for the quarter surged by 20%, totaling rs 3,114.11 crore, compared to Rs 2,604 crore in the same quarter of the previous fiscal year.This also...
Mazagon Dock’s Q4 profit plunged by a notable 51%, hitting Rs 325 crore, despite a slight 2.3% uptick in revenue, according to the latest report. While the fourth quarter faced challenges, the full fiscal year paints a brighter picture. Mazagon Dock saw a commendable 25% surge in full-year profit, reaching Rs 2,414 crore, alongside a robust 21% increase in revenue, demonstrating resilience within the defense sector. expenses soared by 20% during the quarter, impacting the bottom line, but the annual performance reflects strong operational efficiency. News Directory 3 has the breaking details. Moreover, operating profit and net cash from operating activities show positive trends. Discover what’s next for the shipbuilding giant.
Mazagon Dock Shipbuilders Reports Q4 Profit Decline
Updated May 29, 2025
Mazagon Dock Shipbuilders Ltd, a state-owned entity, experienced a important drop in its consolidated net profit for the fourth quarter of fiscal year 2025. The company’s Q4 profit decline amounted to 51%, settling at Rs 325 crore, compared to Rs 663 crore in the same period last year. Despite this downturn, revenue from operations saw a marginal increase, reaching Rs 3,174 crore, a 2.3% rise from Rs 3,103 crore in the corresponding quarter of the previous year.
Sequentially, the shipbuilding revenue picture also reflected a decrease. Profit after tax (PAT) decreased by 60% from Rs 807 crore in Q3FY25. Though, revenue from operations showed a slight increase of 1% compared to the previous quarter’s Rs 3,144 crore.
The company’s expenses for the quarter surged by 20%, totaling rs 3,114.11 crore, compared to Rs 2,604 crore in the same quarter of the previous fiscal year.This also represents a 31% increase from the Rs 2,367 crore reported in Q3FY25. Thes expenses encompassed costs related to materials, procurement, finance, and employee benefits.
Looking at the full financial year, Mazagon Dock Shipbuilders demonstrated robust growth. The company’s full-year profit reached Rs 2,414 crore, a 25% increase compared to rs 1,937 crore in FY24. Revenue for the entire financial year stood at Rs 11,432 crore, marking a 21% surge from Rs 9,467 crore in the previous year. This overall growth highlights the company’s strong performance despite the defense sector challenges faced in the final quarter.
Operating profit before working capital changes stood at Rs 2,165 crore as of March 31, 2025, compared to Rs 1,506 crore as of March 31, 2024. Net cash from operating activities totaled Rs 2,078 crore for the year ending March 31,2025,compared to Rs 684 crore the previous year.
What’s next
Mazagon Dock Shipbuilders will likely focus on managing expenses and leveraging its full-year growth to navigate future challenges and maintain profitability.