Mazagon Dock's Q2 FY26 PAT Rises 28% YoY, Revenue Up 6% YoY

Mazagon Dock (MDL) reported a 28% YoY rise in consolidated PAT to Rs 749 crore in Q2FY26, with revenue rising 6% YoY to Rs 2,929 crore. EBITDA increased 26% YoY to Rs 965 crore, and profit before tax rose 26% YoY to Rs 934 crore. The company's operating margin improved to 23% in Q2FY26 from 18% in Q2FY25. MDL's total order book stood at Rs 27,415 crore, with key orders including the P15B Destroyers, P17A Stealth Frigates, and ICGS vessels.