Mazagon Dock Shipbuilders Q1 Results Live : Mazagon Dock Shipbuilders declared their Q1 results on 14 Aug, 2024, showcasing a remarkable performance. The company's topline increased by 8.48% year-over-year (YoY), while the profit surged by an impressive 121.45% YoY. However, compared to the previous quarter, revenue declined by 24.06%, but the profit still managed to increase by 5%.
The company's Selling, General & Administrative (SG&A) expenses saw a marginal rise of 0.68% quarter-over-quarter (QoQ) and a 4.28% increase YoY. Despite the rise in expenses, the operating income exhibited a robust growth of 23.48% QoQ and an extraordinary increase of 307.29% YoY.
Earnings per Share (EPS) for Q1 stood at ₹34.51, representing a 121.36% increase YoY. This significant improvement in EPS highlights the company's strong financial performance during the quarter.
In terms of stock performance, Mazagon Dock Shipbuilders has delivered a 3.16% return over the past week, an impressive 131.57% return over the last six months, and a 119.15% year-to-date (YTD) return. These figures reflect the market's positive sentiment towards the company's future prospects.
As of 15 Aug, 2024, Mazagon Dock Shipbuilders boasts a market cap of ₹100814.7 Cr, with a 52-week high of ₹5860 and a 52-week low of ₹1742. This substantial market cap underscores the company's strong position in the market.
Regarding analyst ratings, out of three analysts covering the company, one has given a Strong Sell rating, another has given a Sell rating, and one has given a Strong Buy rating. This mixed sentiment indicates diverse perspectives on the company's future performance.
Mazagon Dock Shipbuilders Financials
Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 2357.02 | 3103.65 | -24.06% | 2172.76 | +8.48% |
Selling/ General/ Admin Expenses Total | 227.24 | 225.71 | +0.68% | 217.91 | +4.28% |
Depreciation/ Amortization | 23.38 | 22.93 | +1.96% | 19.74 | +18.44% |
Total Operating Expense | 1738.14 | 2602.46 | -33.21% | 2020.81 | -13.99% |
Operating Income | 618.88 | 501.19 | +23.48% | 151.95 | +307.29% |
Net Income Before Taxes | 888.79 | 848.64 | +4.73% | 383.32 | +131.87% |
Net Income | 696.1 | 662.97 | +5% | 314.34 | +121.45% |
Diluted Normalized EPS | 34.51 | 32.87 | +4.99% | 15.59 | +121.36% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess