Mazagon Dock Shipbuilders Declares 2nd Interim Dividend Of Rs 3 Per Share, Fixes Record Date

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Mazagon Dock Shipbuilders Interim Dividend 2025: Mazagon Dock Shipbuilders declared a 2nd interim dividend of Rs 3 per share for FY 2024-25 and announced the record and payment dates.

Mazagon Dock Shipbuilders announces 2nd interim dividend for FY25.
Mazagon Dock Shipbuilders announces 2nd interim dividend for FY25.

Mazagon Dock Shipbuilders 2nd Interim Dividend Record Date: Mazagon Dock Shipbuilders Limited, defence PSU, on Tuesday declared its 2nd interim dividend of Rs 3 per equity share for the financial year 2024-25. In the filing, PSU also announced the record and payment dates for the said interim dividend of FY25.

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    Shares of Mazagon Dock Shipbuilders Limited are up 2 per cent during intraday. The day’s high remained at Rs 2446 apiece.
    Mazagon Dock Shipbuilders Limited has a market cap of Rs 95,457 crore, making it a constituent of BSE 200.

    Mazagon Dock Shipbuilders 2nd Interim Dividend Record Date

    Mazagon Dock Shipbuilders has fixed Wednesday, April 16, 2025 as the record date for determining the eligibility of the shareholders for the said interim dividend of FY25.
    “Declaration of 2nd Interim Dividend of Rs. 3/- per equity share of Rs. 5/- each fully paid-up for the Financial Year 2024-25. Further, the Company has fixed Wednesday, 16 April 2025 as “Record
    Date" for the same," the company said in the filing.

    Mazagon Dock Shipbuilders 2nd Interim Dividend Payment Date

    The payment of 2nd Interim Dividend will be completed on or before 07 May 2025.

    Mazagon Dock Shipbuilders Financials

    Mazagon Dock Shipbuilders Limited reported its financial results for the period ending December 2024. The company’s revenue stands at Rs 3,143.62 crore, compared to Rs 2,756.83 crore in September 2024, and a total of Rs 9,466.58 crore for the financial year 2023-24. Net profit for the quarter is Rs 768.22 crore, showing an increase from Rs 563.75 crore in the previous quarter, with the year’s cumulative profit at Rs 1,845.43 crore. Earnings per share (EPS) for December 2024 are reported at Rs 19.04, down from Rs 27.95 in September 2024, with a cumulative EPS of Rs 91.50 for FY23-24.

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      The cash earnings per share (Cash EPS) for December 2024 is Rs 20.03, compared to Rs 29.11 in the previous quarter, and Rs 95.62 for the financial year.

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