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flag Mazagon Dock Shipbuilders reports a significant 51% drop in Q4 net profit, despite a revenue rise.

flag Mazagon Dock Shipbuilders saw its shares drop after reporting a 51% fall in Q4 net profit to ₹325.3 crore, despite a 2.3% rise in revenue to ₹3,174 crore. flag EBITDA fell 83% to ₹90 crore. flag The company's expenses increased by 20%, mainly due to higher sub-contracting costs. flag For the full year, net profit rose 25% to ₹2,414 crore. flag Mazagon Dock recommended a dividend of ₹2.71 per share, reflecting a commitment to shareholder value despite the quarterly decline.

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