Mazagon Dock Shipbuilders Reports Q1 Results for June 30, 2026; Financials Approved by Board
Mazagon Dock Shipbuilders Limited (formerly Mazagon Dock Limited), a Government of India Undertaking and an ISO 9001 certified company, has announced the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended on June 30, 2026. The Board of Directors approved these financial results during its meeting held on July 30, 2026.The company's consolidated unaudited financial results are provided below:
| Particulars | Unaudited (June 30, 2026) | Audited (March 31, 2026) | Unaudited (June 30, 2025) | Audited (March 31, 2026) |
|---|---|---|---|---|
| Income: Revenue from operations | 2,94,270 | 3,85,039 | 2,62,559 | 13,00,631 |
| Other income | 31,318 | 28,338 | 32,358 | 1,11,940 |
| Total income | 3,25,588 | 4,13,377 | 2,94,917 | 14,14,571 |
| Expenses: Cost of materials consumed/Purchase of Stock-in-Trade | 94,903 | 1,82,569 | 89,122 | 20,425 |
| Employee benefit expenses | 59,718 | 28,910 | 57,218 | 21,275 |
| Finance costs | 4,434 | 1,001 | 3,536 | 7,157 |
| Depreciation and amortization expenses | 2,897 | 2,288 | 2,306 | 9,667 |
| Sub-contract | 36,944 | 41,305 | 19,364 | 1,01,726 |
| Other expenses | 26,184 | 47,671 | - | 1,04,530 |
| Provisions | 2,953 | (19,288) | 24,487 | 54,010 |
| Total expenses | 2,56,943 | 3,34,039 | 2,38,232 | 10,90,892 |
| Profit before tax and exceptional items | 68,645 | 79,338 | 56,685 | 3,23,679 |
| Profit before tax and after exceptional items | 68,645 | 79,338 | 56,685 | 3,23,679 |
| Tax expense (Current tax/Deferredtax) | 13,421 / 4,020 | 14,832 / 1,225 | 29,299 / (14,542) | 95,233 / (13,749) |
| Profit for the year to Equity Shareholders | 55,046 | - | 3,287 | 45,215 |
The Standalone Unaudited Financial Results for the quarter ended June 30, 2026 are as follows:
| Particulars | Unaudited (June 30, 2026) | Audited (March 31, 2026) | Unaudited (June 30, 2025) | Audited (March 31, 2026) |
|---|---|---|---|---|
| Revenue from operations | 2,77,099 | 3,68,372 | 2,62,559 | 12,83,964 |
| Other income | 30,976 | 28,123 | 32,358 | 1,14,275 |
| Total income | 3,08,075 | 3,96,495 | 2,94,917 | 13,98,239 |
| Cost of materials consumed | 91,875 | 1,82,569 | 89,122 | 5,63,801 |
| Purchase of Stock-in-Trade | 59,508 | 57,218 | 20,425 | 1,63,693 |
| Employee benefit expenses | 22,644 | 21,275 | 24,982 | 93,651 |
| Finance costs | 3,568 | 1,001 | 3,536 | 5,914 |
| Depreciation and amortization expenses | 2,320 | 2,288 | 2,306 | 9,268 |
| Sub-contract | 33,707 | 41,305 | 19,364 | 99,203 |
| Other expenses | 23,088 | 47,671 | 24,487 | 1,02,114 |
| Provisions | 2,953 | (19,288) | 54,010 | 35,547 |
| Total expenses | 2,39,663 | 3,34,039 | 2,38,232 | 10,73,191 |
| Profit before tax and exceptional items | 68,412 | 62,456 | 56,685 | 3,25,048 |
| Tax expense (Current tax/Deferredtax) | 13,421 / 4,020 | 14,832 / 1,225 | 29,299 / (14,542) | 95,217 / (13,746) |
| Profit for the year to Equity Shareholders | 50,971 | - | 41,928 | 2,43,577 |
The Board of Directors certified that the financial statements were prepared in accordance with Indian Accounting Standards (as amended), and management certified the consolidation of Colombo Dockyard PLC, a subsidiary with a 51% shareholding, and the equity method accounting for Goa Shipyard Limited, an associate with a 47.21% shareholding.
MAZDOCK Stock Price Movement
Today, shares of Mazagon Dock Shipbuilders Limited edged higher, closing at ₹2319.10 after gaining 0.79% in trade. The stock traded successfully on post-market activity, with over 1.16 million shares changing hands during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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