GRSE Q1FY26: Net Profit rises 38% at Rs 120 crore, EBITDA up by 42%

Kolkata-based Garden Reach Shipbuilders & Engineers Limited (GRSE), has announced its financial results for the first quarter ended June 30th 2025.

Highlights of Financial Performance Q1 FY26:

• Total Income for the Q1FY26 stood at Rs. 1382 Crore against Rs. 1084 Crore in Q1FY25 with growth of 28% (Y-o-Y).

• Revenue from Operation has increased to Rs. 1310 Crore in Q1FY26 from Rs. 1010 Crore in Q1FY25, registering a growth of 30% (Y-o-Y).

• The Earnings before Interest, Tax, Depreciation and Amortization stands at Rs. 184 Crore in Q1FY26, as against Rs 130 Crore in Q1FY25, with an increase of 42%.

• Profit Before Tax (PBT) is Rs. 167 Crore for Q1FY26 as compared to Rs 115 Crore in Q1FY25, registering a growth of 45 % (Y-o-Y).

• Profit After Tax (PAT) is Rs. 120 Crore in Q1FY26 as against Rs. 87 Crore in Q1FY25, registering a growth of 38% (Y-o-Y).

• Earnings per share (EPS) for Q1FY26 is Rs. 10.49, against Rs. 7.61 in Q1FY25.

Commenting on the results, Cmde PR Hari, IN (Retd), Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, “We have started FY26 on the right note with strong Q1 results. Considering the production maturity levels of the ongoing projects, we are confident of maintaining the growth momentum".

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel