Mazagon Dock Q1 Results: Profit falls 35% YoY to Rs 452 crore, revenue rises 11%

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Mazagon Dock Shipbuilders announces its June quarter results. The company's consolidated net profit decreases by 35% YoY, reaching Rs 452 crore. Revenue from operations increases by 11% to Rs 2,625.6 crore. EBITDA stands at Rs 793.5 crore with a margin of 30.2%. Expenditure moderates due to lower raw material costs. The company pays Rs 293 crore in current tax.