Audited Results of Mazagon Dock Shipbuilders Ltd. Company

(Rs in Cr.)	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Income	12,839.64	11,431.88	9,466.58	7,827.18	5,733.28
Manufacturing Expenses	6,630.04	7,022.97	6,627.60	5,155.53	4,215.14
Personnel Expenses	936.51	978.75	896.55	792.71	798.73
Selling Expenses	0	0	0	0	0
Administrative Expenses	1,351.49	1,339.99	506.96	1,060.69	267.25
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	10,580.09	9,371.86	8,054.97	7,029.38	5,298.58
Operating Profit	2,259.55	2,060.02	1,411.61	797.80	434.70
Other Recurring Income	1,142.75	1,168.77	1,138.02	713.48	433.63
Adjusted PBDIT	3,402.30	3,228.79	2,549.63	1,511.28	868.33
Financial Expenses	59.14	4.40	5.12	6.37	7.16
Depreciation	92.68	115.19	83.13	75.58	74.51
Other Write offs	0	0	0	0	0
Adjusted PBT	3,250.48	3,109.20	2,461.38	1,429.33	786.66
Tax Charges	814.71	784.32	615.95	356.61	186.22
Adjusted PAT	2,435.77	2,324.88	1,845.43	1,072.72	600.44
Non Recurring Items	0	0	0	0	-13.97
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	2,435.77	2,324.88	1,845.43	1,072.72	586.47
Equity Dividend	544.57	711.97	447.75	216.42	180.11
Preference Dividend	0	0	0	0	0
Retained Earnings	6,492.52	4,601.32	2,988.41	1,590.73	734.43

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