• Consistent Performance & Strong Numbers – Q2 & H1 FY26 Results

Kolkata, 04th Nov 25: Garden Reach Shipbuilders & Engineers Limited (GRSE), has announced its financial results for the second quarter & half year ended Sept 30th 2025.

 Highlights of Financial Performance Q2 FY26:

  • Total Income for the Q2FY26 stood at Rs. 1746 Crore against Rs. 1228 Crore in Q2FY25 with growth of 42% (Y-o-Y).
  • Revenue from Operation has increased to Rs. 1677 Crore in Q2FY26 from Rs. 1153 Crore in Q2FY25, registering a growth of 45% (Y-o-Y).
  • The Earnings before Interest, Tax, Depreciation and Amortization stands at Rs. 225 Crore in Q2FY26, as against Rs 144 Crore in Q2FY25, with an increase of 56%.
  • Profit Before Tax (PBT) is Rs. 209 Crore for Q2FY26 as compared to Rs 131 Crore in Q2FY25, registering a growth of 60 % (Y-o-Y)
  • Profit After Tax (PAT) is Rs. 154 Crore in Q2FY26 as against Rs. 98 Crore in Q2FY25, registering a growth of 57% (Y-o-Y).
  • Earnings per share (EPS) for Q2FY26 is Rs. 13.43, against Rs. 8.54 in Q2FY25.
H1FY26 Compared with H1FY25:
  • Total income stood at Rs. 3128 Crore in H1FY26 as against Rs. 2311 Crore in H1FY25, registering a growth of 35 %
  • Revenue from operation stands at Rs. 2987 Crore in H1FY26 as against Rs. 2163 Crore in H1FY25, registering a growth of 38 %
  • The Company’s EBITDA reported at Rs. 409 Crore in H1FY26 against Rs. 274 Crore in H1FY25, registering a growth of 49 %
  • Profit Before Tax (PBT) stood at Rs. 376 Crore in H1FY26 against Rs. 246 Crore in H1FY25, registering a growth of 53 %
  • Profit After Tax (PAT) stood at Rs. 274 Crore in H1FY26 against Rs. 185 Crore in H1FY25, registering a growth of 48%
Commenting on the results, Cmde PR Hari, IN (Retd.), Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, “I am happy that we have been able to sustain the growth momentum and the Q2 results have been very encouraging. With a strong order book, result oriented project execution strategy and clear order visibility, I am confident of equally strong financial performance in the second half of FY26 also. “