Net profit of Mazagon Dock Shipbuilders rose 76.98% to Rs 626.78 crore in the quarter ended December 2023 as against Rs 354.16 crore during the previous quarter ended December 2022. Sales rose 30.10% to Rs 2362.47 crore in the quarter ended December 2023 as against Rs 1815.91 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales2362.471815.91 30 OPM %22.8216.29 - PBDT806.50470.09 72 PBT786.23451.73 74 NP626.78354.16 77 Powered by Capital Market - Live News

Mazagon Dock Shipbuilders (MDL) has signed a contract worth Rs 1070 crore with Acquisition wing of Ministry of Defence for Construction and Delivery of Fourteen (14) Fast Patrol Vessels (FPVs) for Indian Coast Guard (ICG) on 24 January 2024.Ist vessel delivery is T0 +24 months and delivery of subsequent vessels at intervals of three (03) months, where T0 is the date of release of advance payment by the Buyer to the Seller. Powered by Capital Market - Live News

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Mazagon Dock Shipbuilders (MDL) has signed individual Shipbuilding Contracts with the European client for construction of three (03) units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels on 14 December 2023 for a value.of approx. 42 million USD. Powered by Capital Market - Live News

Mazagon Dock Shipbuilders announced that Oil & Natural Gas Corpn has placed a notification of award of contract on 07 December 2023 on the company for part replacement of pipeline (laying approx. 44.4 km of subsea pipelines in 19 segments) project on turnkey basis at a total lump sum of Rs 1145.10 crore Powered by Capital Market - Live News