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Mazagon Dock Interim Dividend Ex-Date Today, April 16

Written by: Nikitha DeviUpdated on: Apr 16, 2025, 8:24 AM IST
Mazagon Dock Shipbuilders Ltd declares ₹3 interim dividend. The record date set for the dividend is Wednesday, April 16, 2025.
Mazagon Dock Interim Dividend Ex-Date Today, April 16
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Mazagon Dock Shipbuilders Ltd’s Board of Directors has declared and approved an interim dividend of ₹3 per equity share.  

On April 15, 2025, Mazagon Dock share price (NSE: MAZDOCK) opened at ₹2,490.00 and closed at ₹2,652.90, up by 9.06%. The stock price touched its day’s high at ₹2,697.70.  

Mazagon Dock Interim Dividend Record Date 

The board of directors of the company, at its meeting held on April 8, 2025, approved the declaration of a second interim dividend of ₹3 per equity share (face value of ₹5 each), fully paid-up, for the financial year 2024–25. 

The company has fixed Wednesday, April 16, 2025, as the record date for this interim dividend. The dividend payment is expected to be completed on or before May 7, 2025. 

Q3 FY 2025 Financial Highlights 

The company reported its standalone financial performance in Q3 FY25, with revenue from operations rising to ₹3,144 crore, compared to ₹2,362 crore in Q3 FY24. Profit after tax (PAT) also saw an increase, reaching ₹768 crore in Q3 FY25, up from ₹592 crore in the same quarter last year. 

About Mazagon Dock Shipbuilders Ltd 

Mazagon Dock Shipbuilders Limited (MDL), based in Mumbai and established in 1774, is one of India’s leading shipyards. What began as a modest dry dock has grown into a prominent shipbuilding enterprise. Since 1960, MDL has built 801 vessels, including warships, submarines, cargo and passenger ships, as well as offshore platforms. 

Conclusion 

Mazagon Dock’s Q3 performance and interim dividend announcement highlight its growth and shareholder focus. Investors may keep an eye on the stock for future developments. 

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

 

Published on: Apr 16, 2025, 8:24 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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