Mazagon Dock Shipbuilders Share Price Cracks 8%, Snaps 7-Day Winning Run as Q4 Profit Drops 51%

Mazagon dock shipbuilders Share price in focus today: Shares of Mazagon Dock Shipbuilders, A Leading Defense Public-Sector Shipyard Under The Ministry of Defense (MOD) in India, Cracked 8% in Early Trade Deals on Friday, May 30, May 30, Ening Winning Run to hit the day’s low of 3,450 as investors appeared disappointed with the company’s performance in the March Quarter.

The defense major, post-market hours on Thursday, reported a 51% drop in its consolidated net profit at 325 Crore. In the same period last fiscal year, the company had posted a net profit of 663 Crore. Its Consolidated Revenue from Operations in the Fourth Quarter of FY25 ROSE 2.3% to 3,174 Crore, Compared to 3,103.7 Crore in the year -go period.

On the operational front, the definition psu’s earnings before interest, taxes, depreciation and amortization (ebitda) DURING The March Quarter of Fy25 Tanked 83 per cent to 90 Crore, Compared to 524 Crore in the year -go period.