MINISTER OF DEFENCE (SHRI GEORGE FERNANDES)
(a) Yes, Sir.
(b) Statement is enclosed.
(c) Yes, Sir. The Capacity Utilisation of Shipbuilding Division of Mazagon Dock Limited has come down from 80% in 1998-99 to 53% in 2000-2001.
(d) Orders for series construction of warships have been placed on Mazagon Dock Limited. Further, series construction of submarines at Mazagon Dock Limited is also being finalised. These steps would improve the capacity utilisation at Mazagon Dock Limited.
STATEMENT REFERRED TO IN REPLY TO PART (b) OF LOK SABHA UNSTARRED QUESTION NO. 2733 FOR 6.12.2001
(Rs. IN CRORES)
YEAR 1998-1999 1999-2000 2000-2001
GROSS MARGIN 61.10 47.08 11.78
PROFIT/(LOSS)BEFORE TAX 28.23 23.90 (-) 18.36
PROFIT/(LOSS) AFTER TAX 16.23 13.07 (-) 18.36