Mazagon Dock Q3 Results: Revenue from operations surged 33% YoY to Rs 3,144 crore in the reviewed quarter, up from Rs 2,362 crore a year ago. EBITDA rose 51% YoY to Rs 817 crore from Rs 539 crore, with margins improving to 26%. Net profit after tax climbed 38% sequentially from Rs 585 crore in Q2, while revenues grew 14% quarter-on-quarter, reflecting strong performance.
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Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention