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Mazagon Dock Shipbuilder Q4 profit jumps manifold to Rs 230.54 crore

The total income of the company was Rs 1,378 crore in the fourth quarter, as against Rs 1,176.24 crore a year ago.

June 10, 2021 / 07:25 PM IST
 
 
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Mazagon Dock Shipbuilders on Thursday reported a manifold jump in consolidated net profit to Rs 230.54 crore for the quarter ended March 2021.

The company had reported a profit of Rs 41.55 crore in the corresponding period previous fiscal.

Its revenue from operations grew by 6 per cent in the quarter under review to Rs 1,105.11 crore, from Rs 1,043 crore in the year-ago period.

The total income of the company was Rs 1,378 crore in the fourth quarter, as against Rs 1,176.24 crore a year ago.

The total expenses stood at Rs 1,081.48 crore compared to Rs 1,092.95 crore in the same period previous fiscal.

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The company is engaged in the construction and repair of warships and submarines for use by the Indian Navy and other vessels for commercial clients.
PTI
first published: Jun 10, 2021 07:25 pm

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