Mazagon Dock Shipbuilders Ltd delivered robust financial results for the third quarter ended December 31, 2025. The company reported a consolidated net profit of ₹879.80 crore, representing a 14.3% year-on-year increase from ₹807.04 crore in Q3 FY25. Revenue from operations grew 14.6% YoY to ₹3,601.09 crore compared to ₹3,143.62 crore in the corresponding quarter last year. On a standalone basis, MDL reported a net profit of ₹837.13 crore (up 9% YoY) with revenue of ₹3,601.09 crore. The company's earnings per share stood at ₹21.81 for the quarter.
For the nine months ending December 31, 2025, Mazagon Dock Shipbuilders demonstrated steady growth momentum. The company achieved revenue from operations of ₹9,155.92 crore, reflecting its continued execution of shipbuilding and defence projects. This performance demonstrates MDL's consistent ability to maintain strong financial metrics while expanding its operational capabilities in the defence manufacturing sector.
The Board of Mazagon Dock Shipbuilders Ltd has declared a second interim dividend of ₹7.50 per equity share for the financial year 2025-26. According to the company's exchange filing, the dividend is payable on equity shares of ₹5 each that are fully paid-up. The company has set Friday, February 13, 2026 as the record date for determining shareholder eligibility for this dividend payment. The dividend declaration demonstrates the company's commitment to strong shareholder returns amid robust financial performance.
As reported by ET Now, the payment of the interim dividend will be completed on or before March 7, 2026. The unaudited financial results have been subjected to limited review by statutory auditors, M/s Sarda & Pareek LLP, Chartered Accountants, who issued an unmodified conclusion, confirming the results do not contain material misstatements. This timeline provides shareholders with clarity on when they can expect to receive their dividend payments following the record date determination.
