Mazagon Dock approved audited FY26 results with consolidated net profit of ₹2,578 crore, up 7% YoY, and recommended a final dividend of ₹4.62 per share.
The company acquired 51% controlling stake in Colombo Dockyard PLC during the year, making it a subsidiary and expanding its shipbuilding operations.
Standalone performance showed stronger growth with net profit increasing to ₹2,436 crore from ₹2,325 crore in FY25, reflecting improved operational efficiency.
Auditors issued unmodified opinions on both standalone and consolidated financial results, confirming clean audit without qualifications.