Mazagon Dock Share Price in Focus; PAT Rises 28% YoY in Q2 FY26 Results

Mazagon Dock Shipbuilders Limited announced its consolidated unaudited financial results for the quarter and six months ended September 30, 2025. 

The company reported revenue from operations of ₹2,92,924 lakh in Q2 FY26, up from ₹2,75,683 lakh in the same quarter last year, registering a year-on-year growth of around 6.3%. Sequentially, revenue increased by 11.5% from ₹2,62,559 lakh in Q1 FY26, reflecting improved execution across its shipbuilding and submarine projects.

For the first half of FY26, the company’s revenue from operations stood at ₹5,55,483 lakh, compared to ₹5,11,385 lakh in the corresponding period of the previous year, representing a growth of 8.6%. The rise in revenue highlights consistent progress in project milestones and deliveries during the period.

Income and Profit Growth

Total income during Q2 FY26 stood at ₹3,19,987 lakh, up from ₹3,01,467 lakh in Q2 FY25, driven by higher revenue and other income of ₹27,063 lakh. On a half-yearly basis, total income increased to ₹6,14,904 lakh from ₹5,64,794 lakh in the previous year, showing an 8.9% YoY rise.

Profit for the quarter surged to ₹74,948 lakh in Q2 FY26, compared to ₹58,508 lakh in Q2 FY25, marking a robust 28% year-on-year increase. Sequentially, profit rose by 65.8% from ₹45,215 lakh in Q1 FY26. For the first half of FY26, the company reported a profit of ₹1,20,163 lakh, as against ₹1,28,118 lakh in the corresponding period last year.

Mazagon Dock Share Price Performance

On October 28, 2025, Mazagon Dock share price (NSE: MAZDOCK) opened at ₹2,869.90, up from its previous close of ₹2,810.40. At 9:58 AM, the share price of Mazagon Dock was trading at ₹2,858.50, up by 1.71% on the NSE.

Also Read: Mazagon Dock Partners with France's Naval Group!

Conclusion

Mazagon Dock Shipbuilders delivered strong financial results in Q2 FY26, supported by steady revenue growth, higher other income, and improved project execution. With a healthy order book and consistent performance across key segments, the company remains well-positioned to sustain growth in the coming quarters.

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