Mazagon Dock Targets ₹1 Lakh Cr Orderbook | Ruchir Agrawal on Margins, Project 75I & Defence Boost　 #ETNOW

Mazagon Dock Shipbuilders’ Director (Finance) Ruchi Agarwal says Q2 margins jumped to 23.7% due to earlier provisions and expects a sharp recovery in H2 as ONGC projects resume. The company’s ₹27,500 crore order book could rise fourfold with the P75I deal, while a new Tamil Nadu shipyard and tie-up with France’s Naval Group mark key expansion steps under ‘Amrit Kaal’ initiatives.

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