MAZDOCK Mazagon Dock Shipbuilders Q3 FY25 results (Oct–Dec 2024) and concall
Mazagon Dock reported a strong Q3 FY25, driven by robust order execution and a significant provision reversal for Scorpene submarine 5. The order book remains healthy at ₹34,787 crores, with key orders like three additional P-75 submarines and the P-75(I) project expected to materialize soon. While normalized PBT margins are projected at 12-15%, the company anticipates higher margins in FY26 due to existing orders. However, increased provisions and environmental clearance hurdles for CAPEX projects were noted as areas of concern.
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What they filed
| Line item | Q3 FY25 |
|---|---|
| Revenue | 3,144 |
| EBITDA | 817 |
| Net profit | 768 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
