Mazagon Dock Shipbuilders Q2: PAT Jumps YoY, Revenue Guidance For FY25 | Vice Admiral Narayan Prasad

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Speaking to ET NOW, Vice Admiral Narayan Prasad IN(Retd) of Mazagon Dock Shipbuilders Limited discusses the Q2 strong performance of the company, which saw consolidated YoY PAT at Rs 195 cr vs Rs 125 cr and margins rose at 6.8% vs 5.4%. Moreover speaking about the future growth outlook, he said that the Destroyer P15B and P17A will be contributing to 85% of FY23 revenue, while the price variation in raw materials is not hurting the sentiments. Find more in this video, only on ET NOW.

#shipbuilders #docks #shipping




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