Mazagon Dock Q2FY26 Net Profit Jumps 28% YoY to ₹749.5 Crore; Declares ₹6 Interim Dividend

Mumbai, October 28, 2025: Mazagon Dock Shipbuilders Ltd share price  (NSE: MAZDOCK) witnessed a rise of 2.01% to ₹2,867 in early trade, after the state-owned defense shipbuilder reported robust Q2FY26 earnings and declared an interim dividend. By 11:21 AM, Mazagon Dock Shipbuilders’ shares were trading at a 0.018% dip.

Mazagon Dock Shipbuilders Ltd, headquartered in Mumbai and listed on the NSE and BSE since October 2020, is India’s leading public sector shipyard engaged in building warships, submarines, and offshore structures for the Indian Navy and commercial clients.

Key Financial Highlights

Mazagon Dock Shipbuilders Ltd reported a strong financial performance for the quarter ended September 30, 2025 (Q2FY26). The company’s revenue from operations rose 6.3% year-on-year to ₹2,929.2 crore, compared to ₹2,756.8 crore in the same quarter last year.

Its net profit grew 28.1% year-on-year to ₹749.5 crore, up from ₹585.1 crore in Q2FY25, reflecting improved operational efficiency and healthy execution across ongoing shipbuilding and submarine projects.

Dividend Announcement

The Board of Directors declared an interim dividend of ₹6 per equity share, rewarding shareholders on the back of strong financial performance and a healthy order book.

Share Price Update

As of 11:21 AM, shares of Mazagon Dock Shipbuilders Ltd were trading at ₹2,809, marking a 0.018% decline on the NSE. The stock (NSE: MAZDOCK, BSE: 543237) opened at ₹2,869.90 and moved between an intraday high of ₹2,881.80 and a low of ₹2,800.20. The company’s market capitalisation currently stands at ₹1.13 lakh crore.

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