Mazagon Dock Q1 profit tanks 35% despite revenue growth; defence stocks slide on weak sector earnings
Mazagon Dock Q1FY26 Results: Defence PSU Mazagon Dock Shipbuilders reported a mixed set of June quarter numbers post-market hours on Monday, as the broader defence sector faced heavy selling pressure on the bourses. For Q1 FY26, Mazagon Dock’s consolidated revenue stood at Rs 2,625.59 crore, up 11.35 per cent year-on-year (YoY) from Rs 2,357.02 crore…