Garden Reach Shipbuilders Q1 Results: Profit Surges 38%, Margin Expands
The company's profit surged to Rs 120 crore in the first quarter of fiscal 2025-26.
Garden Reach Shipbuilders & Engineers Ltd.'s net profit surged more than 37% in the quarter ended June 30, 2025.
The company's profit surged to Rs 120 crore in the first quarter of fiscal 2025-26 as compared to Rs 87.2 crore in the same period last year, according to an exchange filing on Friday.
Garden Reach Q1 Highlights (Cons, YoY)
Revenue up 29.7% to Rs 1,310 crore versus Rs 1,010 crore
Ebitda up 98.9% to Rs 112 crore versus Rs 56.3 crore
Margin at 8.5% versus 5.6%
Net profit up 37.8% to Rs 120 crore versus Rs 87.2 crore
Shares of GRSE were trading 0.85% lower at Rs 2,525.40 apiece, compared to 0.79% decline in the benchmark Nifty 50 as of 2:31 p.m. The stock has risen 21.31% in the last 12 months and 56.57% on a year-to-date basis.
Out of five analysts tracking the company, three recommend a 'buy' rating on the stock and two gave 'sell', according to Bloomberg data. The average of the 12-month analysts' price target implies a potential downside of 1.2%.
