MAZDOCK

update

reported subdued Q4 earnings. The company reported a 2.3% YoY rise in revenue to ₹3,174 crore, while its net profit halved from the year-ago period to ₹325 crore from ₹662 crore. Profitability was dented by higher expenses, mainly due to a rise in sub-contracting expenses, which saw a 10-fold jump from the same quarter last year. In FY26, Mazagon Dock expects revenue growth to be between 8% to 10%. EBITDA margin to be at 15%, backed by strong order book.