Mazagon Dock Shipbuilders Limited’s Board of Directors, in a meeting held on October 27, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Key decisions included declaring an interim dividend of ₹5 per equity share and approving an increase in the authorized share capital from ₹323.72 crore to ₹900 crore.
Board Approves Financials and Dividend
Mazagon Dock Shipbuilders Limited announced that its Board of Directors, during a meeting on October 27, 2026, has given its nod to the unaudited financial results for both standalone and consolidated statements for the quarter and half-year ended September 30, 2026. This approval follows the recommendations of the Audit Committee.
Interim Dividend Declared
A significant decision from the board was the declaration of an interim dividend of ₹5 per equity share of ₹5 each, fully paid-up, for the Financial Year 2026-27. The company has set November 03, 2026, as the record date for this dividend, with the payment expected to be completed on or before November 26, 2026.
Share Capital Increase Approved
Furthermore, the Board has approved a substantial increase in the company’s authorized share capital. The capital will be raised from ₹323.72 crore, comprising 64,74,40,000 equity shares of ₹5 each, to ₹900 crore, representing 180,00,00,000 equity shares of ₹5 each. This expansion is subject to obtaining the necessary consent from the Department of Investment and Public Asset Management (DIPAM) via the Administrative Ministry and subsequent approval from the company’s members.
Unaudited Financial Results Highlight
The unaudited financial results for the quarter and period ended September 30, 2026, were also approved. The company reported a profit for the year/period of ₹34,020 lakhs in standalone results, with total comprehensive income at ₹34,356 lakhs.
Consolidated Performance
On a consolidated basis, the profit for the year/period was ₹29,791 lakhs, and the total comprehensive income stood at ₹34,640 lakhs for the same period. These results reflect the company’s operational performance and financial standing.
Source: BSE
