India's Mazagon Dock drops to 3-month low as quarterly profit slumps

Mazagon Dock Shipbuilders

29/07/2025 07:46

** Shares of Mazagon Dock Shipbuilders MAZG.NS decline 4.5% to 2,664.7 rupees, their lowest level since late-April

** Co posts a 35% y/y drop in June-quarter consol profit after a 35.1% jump in total expenses offset support from an 11% rise in revenue

** Over 2.4 million shares traded, stock set for busiest day in about four weeks

** Year-to-date, stock up ~20%

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))