Announced Tue, 4 Nov · 18:58 IST

Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding a press release dated November 04, 2025, titled "Performance Review of Q2 & H1 FY26 - Consistent Performance & Strong Numbers - Q2 & H1 FY26 Results".

GRSE · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garden Reach Shipbuilders & Engineers (GRSE) reported strong Q2 and H1 FY26 results. Q2 FY26 total income rose 42% year-on-year to Rs. 1,746 crore, with revenue from operations up 45% to Rs. 1,677 crore. Profit after tax jumped 57% YoY to Rs. 154 crore, while PBT grew 60% to Rs. 209 crore. EBITDA increased 56% to Rs. 225 crore. EPS for the quarter stood at Rs. 13.43 versus Rs. 8.54 in Q2 FY25. For H1 FY26, total income grew 35% to Rs. 3,128 crore, PAT rose 48% to Rs. 274 crore, and EBITDA climbed 49% to Rs. 409 crore. The company also declared an interim dividend for FY 2025-26 (referenced in the filing). The Chairman highlighted a strong order book and confident outlook for H2 FY26.

Likely market impact

The strong double-digit growth across revenue, EBITDA, and profit signals robust operational performance, likely to be viewed positively by shareholders. The interim dividend declaration adds an income benefit for investors, while the management's positive guidance on order book visibility supports a constructive near-term outlook for the stock.