Mazagon Dock Shipbuilders Q1 Results Live : profit rise by 121.45% YOY

Mazagon Dock Shipbuilders Q1 Results Live : Revenue increased by 8.48% YoY & profit increased by 121.45% YoY

Livemint
Published15 Aug 2024, 12:06 PM IST
Mazagon Dock Shipbuilders Q1 Results Live
Mazagon Dock Shipbuilders Q1 Results Live

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

PeriodQ1Q4Q-o-Q GrowthQ1Y-o-Y Growth
Total Revenue2357.023103.65-24.06%2172.76+8.48%
Selling/ General/ Admin Expenses Total227.24225.71+0.68%217.91+4.28%
Depreciation/ Amortization23.3822.93+1.96%19.74+18.44%
Total Operating Expense1738.142602.46-33.21%2020.81-13.99%
Operating Income618.88501.19+23.48%151.95+307.29%
Net Income Before Taxes888.79848.64+4.73%383.32+131.87%
Net Income696.1662.97+5%314.34+121.45%
Diluted Normalized EPS34.5132.87+4.99%15.59+121.36%
Stay updated on quarterly results with our results calendar

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
FAQs
₹696.1Cr
₹2357.02Cr
First Published:15 Aug 2024, 12:06 PM IST
Business NewsCompaniesCompany ResultsMazagon Dock Shipbuilders Q1 Results Live : profit rise by 121.45% YOY

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    138.00
    03:57 PM | 14 NOV 2024
    -1.25 (-0.9%)

    Indian Oil Corporation share price

    134.80
    03:59 PM | 14 NOV 2024
    -1.2 (-0.88%)

    Tata Motors share price

    774.25
    03:58 PM | 14 NOV 2024
    -12.15 (-1.55%)

    Bharat Electronics share price

    281.05
    03:57 PM | 14 NOV 2024
    -0.4 (-0.14%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    HCL Technologies share price

    1,859.35
    03:57 PM | 14 NOV 2024
    -5.1 (-0.27%)
    More from 52 Week High

    SKF India share price

    4,507.70
    03:57 PM | 14 NOV 2024
    -364.25 (-7.48%)

    Astrazeneca Pharma India share price

    6,740.65
    03:29 PM | 14 NOV 2024
    -392.45 (-5.5%)

    Torrent Power share price

    1,560.00
    03:29 PM | 14 NOV 2024
    -85.45 (-5.19%)

    P I Industries share price

    4,244.25
    03:29 PM | 14 NOV 2024
    -204.85 (-4.6%)
    More from Top Losers

    DCM Shriram share price

    1,291.05
    03:29 PM | 14 NOV 2024
    104.2 (8.78%)

    Network 18 Media & Investments share price

    84.78
    03:50 PM | 14 NOV 2024
    6.63 (8.48%)

    Eicher Motors share price

    4,885.55
    03:52 PM | 14 NOV 2024
    296.45 (6.46%)

    Jio Financial Services share price

    318.45
    03:58 PM | 14 NOV 2024
    19.05 (6.36%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      76,855.00-10.00
      Chennai
      76,861.00-10.00
      Delhi
      77,013.00-10.00
      Kolkata
      76,865.00-10.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L-0.10
      Chennai
      100.80/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Companies

        HomeMarketsloanPremiumMint Shorts