Mazagon Dock Q1 Results FY2026: As the earnings season continues, everyone is now watching Mazagon Dock Shipbuilders Limited (MDL), one of India’s top defence shipyards. The company will share its financial results for the first quarter of FY26 (April to June 2025) on Monday, July 28. This was confirmed earlier through a filing the company made on July 22. Mazagon Dock works under the Ministry of Defence and mostly builds warships and submarines for the Indian Navy. It also works on commercial vessels and offshore structures.
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According to the filing, “a meeting of the Board of Directors of Mazagon Dock Shipbuilders Limited is scheduled on Monday, 28 July 2025, inter alia, to consider and approve the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended on 30 June 2025.” The filing also mentioned that no trading of MDL shares by insiders or their relatives is allowed from July 1 to July 30. This is part of their rule to stop insider trading before the results are out.
MDL had declared its Q4 results for FY25 at around 7:20 PM on May 29. So many people expect the Q1 FY26 numbers will also be shared around the same time on July 28, reported ET Now.
Q4 Profit Dropped
In the last quarter (Q4 FY25), the company saw a huge fall in its profit. The net profit went down by 51% compared to the same time the year before. It earned Rs 325 crore in Q4 FY25, which is way lower than Rs 663 crore it made in Q4 FY24. But at the same time, its revenue from operations went up a little. It made Rs 3,174 crore in Q4 FY25, which is a 2.3% rise from Rs 3,103 crore in Q4 FY24.
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If we look at the numbers quarter-on-quarter, things weren’t great either. The profit after tax in Q3 FY25 was Rs 807 crore. But in Q4, it dropped by 60%, falling to Rs 325 crore. Revenue didn’t grow much either, with just a 1% increase from Rs 3,144 crore in Q3 to Rs 3,174 crore in Q4.
Mazagon Dock Shares Before the Results
On Fridayjust before the results week, the company’s stock ended lower. It closed at Rs 2886.70 on the BSE, which is 2.48% down from its earlier close of Rs 2960. Investors are now looking forward to see if the Q1 numbers show any recovery, especially after the profit drop seen last quarter.
