Garden Reach Shipbuilders Reports Strong Q2 FY26 With ₹16.77 Billion Revenue and ₹1.54 Billion Profit

Garden Reach Shipbuilders and Engineers Ltd (GRSE), a leading defense shipbuilding company, announced its financial results for the quarter ended September 30, 2025. The company recorded consolidated revenue from operations of ₹16.77 billion, supported by healthy order inflows and steady progress on ongoing projects.

Net profit surged to ₹1.54 billion, reflecting improved operational efficiencies and cost management. GRSE’s performance highlights its pivotal role in India’s naval modernization and shipbuilding industry. The company remains focused on timely delivery of defense vessels and expanding its order book.

The Board of Directors is set to consider declaring an interim dividend for FY26, underscoring confidence in cash flow and earnings sustainability. GRSE’s strong balance sheet and strategic initiatives position it well to capitalize on future defense contracts.

Investors are optimistic about GRSE’s growth prospects as the government continues to bolster maritime security and indigenous defense capabilities.

Key Highlights:

Consolidated Q2 FY26 revenue at ₹16.77 billion.

Net profit stood at ₹1.54 billion, reflecting operational strength.

Healthy order book driven by naval vessel construction and defense projects.

Board to consider interim dividend declaration for FY26.

Focus on timely delivery and expanding defense contracts.

Positioned to benefit from government’s maritime and defense initiatives.

Sources: CNBC TV18, NDTV Profit, Moneycontrol, ScanX Trade