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Financial

Mazagon Dock Q3 Results: Net Profit up 14% to ₹878 Cr, Declares ₹7.5/Share Dividend

PSU Connect
Mazagon Dock Shipbuilders reports Q3 FY26 net profit of ₹878 crore, up 14% YoY. Revenue rises to ₹3,601 crore. Board approves ₹7.5 per share interim dividend, Record Date Feb 13, 2026.
Mazagon Dock Q3 Results: Net Profit up 14% to ₹878 Cr, Declares ₹7.5/Share Dividend

Mumbai: Mazagon Dock Shipbuilders Limited (MDL), a leading defence public sector enterprise, announced robust unaudited financial results for the quarter ended December 31, 2025. The Board of Directors, in a meeting held today, approved the results and declared a second interim dividend of ₹7.5 per equity share for FY26.

 

Q3 FY26 Financial Highlights (Consolidated):

  • Net Profit: ₹877.78 crore, a significant increase of 14.3% Year-on-Year (YoY) from ₹807.04 crore in Q3 FY25.

  • Revenue from Operations: ₹3,601.09 crore, up 14.6% YoY from ₹3,143.62 crore.

  • Earnings Per Share (EPS): Stood at ₹21.81 for the quarter.

  • Profit Before Tax (PBT): ₹1,119.63 crore, marking a 5.4% growth YoY.

 

Nine Months (9M) FY26 Performance (Consolidated):

For the nine-month period ending December 31, 2025, the company reported a Net Profit of ₹2,081.41 crore and Revenue from Operations of ₹9,155.92 crore.

Standalone Performance:

On a standalone basis, the company reported a Q3 FY26 Net Profit of ₹837.13 crore (up 9.0% YoY) and Revenue of ₹3,601.09 crore.

 

Also Read: LIC Q3 Results FY26: Net Profit Jumps 17% to ₹12,958 Crore | Key Highlights

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Dividend Announcement:

Demonstrating strong shareholder returns, the Board declared a Second Interim Dividend of ₹7.50 per equity share (face value ₹5) for the financial year 2025-26. The company has fixed Friday, February 13, 2026, as the Record Date for determining eligible shareholders. The dividend payment will be completed on or before March 07, 2026.

 

Auditor's Review:

The unaudited financial results have been subjected to a limited review by the statutory auditors, M/s. Sarda & Pareek LLP, Chartered Accountants. The auditors have issued an unmodified review conclusion, stating that nothing has come to their attention to suggest the results contain material misstatements.

 

 

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About Mazagon Dock Shipbuilders Limited (MDL):

Mazagon Dock Shipbuilders Limited is a premier shipyard under the Ministry of Defence, Government of India. It is a key player in the nation's defence shipbuilding industry, constructing warships and submarines for the Indian Navy and offshore platforms for the oil & gas sector. MDL plays a strategic role in India's maritime security and the 'Make in India' initiative in defence manufacturing.

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