The acquisition will help strengthen the company’s presence in the Trans-Tasman region.
Mazagon Dock Shipbuilders reported 52% rise in consolidated net profit to Rs 215.20 crore on a 6% increase in revenue from operations to Rs 1,552.50 crore in Q3 FY22 over Q3 FY21.
Company’s consolidated revenue from operations for December 2021 quarter stood at Rs3,155.78 crore as against Rs3,000.78 crore for December 2020 quarter, up by 5.17% yoy.
Sales rise 61.46% to Rs 244.00 crore
Sales rise 59.05% to Rs 3.69 crore
The business of wholly owned subsidiary company would be in the field of Manufacturing and trading of Medium-Density Fibreboard (MDF) and its allied products.
The benchmark indices continued to trade near the days low in mid-morning trade. The Nifty hovered above its crucial 17,000 level. All the sectoral indices on the NSE were in the red. The sentiment was impacted by negative global cues and geopolitical worries. Asian stocks tumbled after the White House warned of a possible imminent Russian invasion of Ukraine. Crude oil prices spiked to 7-year […]
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