Mazagon Dock Shipbuilders declared their Q2 FY24 results on 08 Nov, 2023. The topline increased by 7.36% & the profit increased by 55.62% YoY. As compared to the previous quarter the revenue declined by 15.88% and the profit increased by 5.9%.
The Selling, general & administrative expenses rose by 5.82% q-o-q & increased by 13.11% Y-o-Y.
The operating income was up by 2.95% q-o-q & increased by 57.52% Y-o-Y.
The EPS is ₹16.5 for Q2 FY24 which increased by 55.51% Y-o-Y.
Mazagon Dock Shipbuilders has delivered 3.47% return in the last 1 week, 163.02% return in the last 6 months and 151.71% YTD return.
Currently, Mazagon Dock Shipbuilders has a market cap of ₹40266.4 Cr and 52wk high/low of ₹2484.7 & ₹612 respectively.
As of 11 Nov, 2023, out of 3 analysts covering the company, 1 analyst has given a Strong Sell rating, 1 analyst has given a Hold rating, and 1 analyst has given a Strong Buy rating.
The consensus recommendation as on 11 Nov, 2023 was to Hold.
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1827.7 | 2172.76 | -15.88% | 1702.36 | +7.36% |
| Selling/ General/ Admin Expenses Total | 230.59 | 217.91 | +5.82% | 203.87 | +13.11% |
| Depreciation/ Amortization | 20.19 | 19.74 | +2.28% | 18.46 | +9.37% |
| Total Operating Expense | 1671.27 | 2020.81 | -17.3% | 1603.05 | +4.26% |
| Operating Income | 156.43 | 151.95 | +2.95% | 99.31 | +57.52% |
| Net Income Before Taxes | 406.64 | 383.32 | +6.08% | 261.45 | +55.53% |
| Net Income | 332.88 | 314.34 | +5.9% | 213.9 | +55.62% |
| Diluted Normalized EPS | 16.5 | 15.59 | +5.84% | 10.61 | +55.51% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹332.88Cr
Question : What is Q2 FY24 revenue?
Ans : ₹1827.7Cr
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Updated: 11 Nov 2023, 04:11 AM IST
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