Mazagon Dock declares interim dividend for FY 24-25
MDL declared the second interim dividend of Rs 3 per equity share. The provisional and un-audited figures as of 31 March 2025 stand at approximately Rs 10,775.34 crores.
State-owned Mazagon Dock Limited has announced that the Board of Directors have declared the provisional business figures of Q4FY25 as of 31 March 2025. Additionally, the company has declared the second interim dividend of Rs 3 per equity share. The provisional and un-audited figures as of 31 March 2025 stand at approximately Rs 10,775.34 crores.
The company has stated through exchange filing that it had declared a 2nd Interim Dividend of Rs. 3/- per equity share of Rs. 5/- each fully paid-up for the Financial Year 2024-25. Further, the Company has fixed Wednesday, 16 April 2025 as "Record Date" for the same. The payment of 2nd Interim Dividend shall be completed on or before 07 May, 2025.
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Meanwhile, in a separate filing, the company stated that we wish to inform that Mazagon Dock Shipbuilders Limited (MDL) recorded a turnover of Rs. 10,775.34 Crores approx. (provisional and unaudited) for the financial year ended on 31 March 2025 (corresponding figure for the previous year was Rs. 9466.58 Crores).
Share of the Mazagon Dock are surged post announcement of Board Meeting, up by 1.75% at Rs 2,359.05 with current dividend yield at 0.75%.
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