Q3 Results, Feb. 7 -- Mazagon Dock Shipbuilders' consolidated net profit during the quarter ended December 2024 increased by 29.33% to Rs.807.04 crore compared to Rs.623.87 crore in the year-ago quarter.

Mazagon Dock Shipbuilders revenues from operations came in at Rs.3,143.62 crore during the October-December 2024 quarter, clocking a 30% year-on-year (YoY) increase compared to Rs.2,362.47 crore in the corresponding quarter last year.

On a sequential basis, the net profit growth was 38.7% over Rs.581.84 crore during the September 2024 quarter. Meanwhile, revenue from operations grew 14% on-quarter compared to Rs.2,756.83 crore in the preceding quarter.

Operating performance for Mazagon Dock Shipbuilders saw a robust improvement during ...