BusinessPhoto: NDTV BusinessMazagon Dock Q2 Profit Falls 54%, Shares Drop 10%
Mazagon Dock's shares fell about 10% after reporting a 54.1% drop in net profit to Rs 344 crore for Q2 FY2027, down from Rs 750 crore last year. Revenue declined 16.5% to Rs 2,446 crore, and EBITDA fell 71.4% to Rs 199 crore with margins shrinking to 8.1%. The board declared a Rs 5 interim dividend and approved Rs 1,250 crore in credit facilities.
NDTV Business·


