Mazagon Dock share price cracks over 5% after Q1 results.

Mazagon Dock share price plunged over 5% in early trade on Tuesday after the PSU defence company posted its Q1 results. Mazagon Dock shares declined as much as 5.19% to ₹2,644.90 apiece on the BSE. The state-run defence PSU, Mazagon Dock Shipbuilders reported a net profit of ₹452 crore in the first quarter of FY26, registering a fall of 35% from ₹696.10 crore in the corresponding quarter of the previous fiscal year. The company’s revenue from operations in Q1FY26 rose 11% to ₹2,625.6 crore from ₹2,357 crore, year-on-year (YoY).