StocksMedium•27 October 2026•
1 min read
Mazagon Dock Q2 Profit Drops 52% on Heavy Provisions
Key Facts
1Mazagon Dock reported a 52.4% YoY decline in standalone net profit to ₹340.20 crore for the September quarter.
2The EBITDA margin collapsed to 8% following the recording of provisions amounting to ₹413.17 crore.
3Revenue from operations fell 23.9% to ₹2,228.08 crore, significantly missing market estimates.
Mazagon Dock reported a 52.4% year-on-year decline in standalone net profit to ₹340.20 crore for the September quarter. Business Upturn reported that revenue from operations fell 23.9% to ₹2,228.08 crore, significantly missing market estimates.
The EBITDA margin collapsed to 8% following the recording of provisions amounting to ₹413.17 crore during the period. The stock experienced a sharp downward trend following the earnings release, having lost over 40% of its value from its 52-week high.