Mazagon Dock Shipbuilders on Tuesday reported a 75.7% YoY jump in its profit after tax (PAT) to Rs 585 crore for the quarter ended September 2024. The same stood at Rs 332.9 crore in the year-ago period.Revenue from operations for the period rose to Rs 2,756.8 crore, up from Rs 1,827.7 crore in the same quarter of the previous financial year, marking a 50.8% year-on-year (YoY) increase.The company's EBITDA surged 189.1% YoY to Rs 511 crore for the September quarter, compared to Rs 177 crore in the same quarter of the previous financial year.EBITDA margins increased by 886 basis points to 18.5% in the second quarter, up from 9.7% in the corresponding quarter of the previous financial year.More to come...
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