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Garden Reach Shipbuilders & Engineers Ltd. ( (IN:GRSE) ) has issued an update.
Garden Reach Shipbuilders & Engineers Ltd reported strong unaudited financial results for the third quarter of FY26, with total income rising 46% year-on-year to Rs 1,958 crore and revenue from operations up 49% to Rs 1,896 crore, reflecting sustained momentum in its order execution. Profitability improved sharply, as EBITDA climbed 59% to Rs 234 crore, profit before tax increased 63% to Rs 218 crore, and profit after tax jumped 74% to Rs 171 crore, driving earnings per share up to Rs 14.91 from Rs 8.57 a year earlier, underscoring GRSE’s consistent performance and strengthening financial profile for stakeholders.
More about Garden Reach Shipbuilders & Engineers Ltd.
Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a Government of India undertaking based in Kolkata, operating in the defence shipbuilding and engineering sector. The company focuses on building warships and other vessels and related engineering products for the Indian Navy and other government clients, positioning itself as a key player in India’s maritime and defence industrial ecosystem.
Average Trading Volume: 105,189
Technical Sentiment Signal: Buy
Current Market Cap: 256.2B INR
Learn more about GRSE stock on TipRanks’ Stock Analysis page.