The company’s board has recommended a final dividend of Rs 4.62 per share for the financial year ended March 2026.
Revenue from operations rose 16% YoY to Rs 3,684 crore from Rs 3,174 crore a year ago, reflecting higher project execution during the quarter. Including other income, total income for the quarter stood at Rs 3,965 crore, up 13% from Rs 3,498 crore in the year-ago period.
Profit before tax rose sharply by 54% to Rs 625 crore, compared with Rs 406.4 crore in the corresponding quarter last year, indicating improved operating leverage.
Sequentially, however, profitability moderated from the December quarter, when the company had reported a profit of Rs 837 crore, suggesting normalization after a stronger third quarter driven by milestone-based revenue recognition.
Expenses during the quarter rose at a slower pace than revenue. Total expenses increased 8% to Rs 3,340 crore from Rs 3,091 crore a year ago, mainly due to higher raw material consumption and inventory purchases.
For the full financial year FY26, Mazagon Dock reported revenue from operations of Rs 12,840 crore, up 12% from Rs 11,432 crore in FY25.Total income for the year came in at Rs 13,982.4 crore, registering a growth of 12% YoY.
Annual profit before tax rose 4% to Rs 3,250 crore, while net profit increased 5% to Rs 2,436 crore from Rs 2,325 crore in the previous financial year.
