Mazagon Dock shares in focus as Q1 net profit drops 35% YoY. Should you buy?
- Posted on July 29, 2025
- By Business News Today
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Mazagon Dock shares in focus as Q1 net profit drops 35% YoY. Should you buy?
Mazagon Dock shares: The state-owned defence firm reported a 35% year-on-year drop in consolidated net profit for the June quarter, coming in at Rs 452 crore versus Rs 696 crore in Q1 FY25. Despite the profit decline, management pointed to strong operational performance and a steady rise in revenue.
