Mazagon Dock Share Price | मझगांव डॉक शिपबिल्डर्स ने चालू वित्त वर्ष की तीसरी तिमाही के नतीजे घोषित कर दिए हैं। 🚢💰
1. Impressive Financial Results: Mazagon Dock Shipbuilders has announced its financial results for the third quarter of the current fiscal year. The company’s net profit has increased by 77% on an annual basis during the October-December quarter. It has earned a net profit of ₹626.8 crores during this period, compared to ₹354 crores in the same quarter of the previous financial year.
2. Share Price Performance: On Monday, 12th February, the company’s shares closed at ₹2,180 with a 2.95% increase. On Thursday, 15th February, the share price further increased by 0.11% and was trading at ₹2,161. This indicates a positive trend in the company’s share price.
3. Operating Income Growth: Mazagon Dock Shipbuilders has witnessed a significant increase in operating income during the quarter. The company’s operating income has grown by 30% on an annual basis, reaching ₹2,362.5 crores for the quarter. In the same quarter of the previous financial year, the operating income was ₹1,815.9 crores.
4. Improved EBITDA and Margin: The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) or operating profit for the quarter has increased by 82% on an annual basis, amounting to ₹539 crores. Additionally, the margin has also improved by 22.8%. These figures indicate improved operational efficiency and profitability for the company.
5. Dividend Announcement: In its board meeting held on 8th November last year, the company recommended an interim dividend of ₹15.34 per share. The distribution of this dividend was completed in December 2023.
6. Share Performance: While there has been a 7% decline in Mazagon Dock’s share price in the past month, the company has provided a 17% return to its investors in the past six months. Moreover, over the past year, investors have earned a substantial return of 206%. In the last two years, the company has delivered an impressive return of 730%.
By consistently delivering strong financial performance and generating substantial returns for its investors, Mazagon Dock Shipbuilders has established itself as a promising player in the shipbuilding industry. With its growing operating income, improved profitability, and positive share price performance, the company is poised for further success in the future. 📈💼👍
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