- Mazagon Dock Shipbuilders approved an interim dividend of Rs 6 per share for FY26
- The record date for the interim dividend entitlement is set as November 4.
- The company's net profit increased 28% to Rs 749.48 crore and EBITDA grew 36% to Rs 694.66 crore in Q2FY26
Mazagon Dock Shipbuilders Ltd. board on Monday approved an interim dividend of Rs 6 per share for the financial year 2026.
The record date for the purpose of determining the entitlement of the shareholders for the interim dividend has been fixed as Nov. 4, 2025. The dividend will be paid to the shareholders by Nov. 26, 2025.
This would amount to a total of Rs 2.42 crore in dividend payout by the company. Mazagon Dock had earlier declared a final dividend of Rs 2.71, and an interim dividend of Rs 3 per equity share in the last fiscal.
Mazagon Dock Shipbuilders Q2FY26 Results (Consolidated, YoY)
Revenue up 6.3% to Rs 2,929.24 crore versus Rs 2,756.83 crore
Net Profit up 28% to Rs 749.48 crore versus Rs 585.08 crore
Ebitda up 36% to Rs 694.66 crore versus Rs 510.65 crore
Margin at 23.7% versus 18.5%
Shares of Mazagon Dock closed 0.16% higher at Rs 2,809.90 apiece on the National Stock Exchange before the announcement, compared to a 0.66% decline in the benchmark Nifty. The share price has risen 38.36% in the last 12 months and 26.15% on a year-to-date basis.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
