Garden Reach Shipbuilders Q4 Results: Date, Dividend Details And More

Garden Reach Shipbuilders and Engineers Ltd. (GRSE) is scheduled to announce its financial results for the fourth quarter and the full fiscal ended March 31, 2025, this week.

The shipbuilding company confirmed the date of the upcoming earnings release in a stock exchange filing.  

The Kolkata-based company is a public sector undertaking (PSU), which operates under the Ministry of Defence. The company is primarily engaged in shipbuilding, including designing and manufacturing warships for the Indian Navy and Coast Guard.  

Here are all the key details to know about Q4 and FY25 results of GRSE:

Garden Reach Shipbuilders and Engineers has announced that its Board of Directors will meet on Tuesday, May 13, to approve the audited financial results for the fourth quarter and the fiscal ending March 31, 2025.

The Board will also consider the recommendation of a final dividend for the financial year 2024-25, if applicable.

The PSU had scheduled the board meeting for May 12 earlier, but rescheduled it to May 13 for unavoidable reasons. The company informed the bourses about a change in the schedule of the Board meeting on Friday.

Garden Reach Shipbuilders and Engineers has informed the exchanges about the closure of its trading window for dealing in company securities. The trading window has been closed for all insiders, including designated persons, connected persons, and their immediate relatives, from April 1, 2025. It will remain shut till May 15, 2025, which is 48 hours after the declaration of the financial results for the quarter and year ending March 2025.

Garden Reach Shipbuilders and Engineers Ltd. reported a year-on-year increase in net profit for the third quarter of the current financial year. The company posted a net profit of Rs 98.18 crore for the quarter ended December 2024, up 11.26% from Rs 88.25 crore in the same period a year ago. Revenue from operations rose to Rs 1,271 crore in Q3 FY25, compared to Rs 923 crore in the corresponding quarter of FY24.

Shares of Garden Reach Shipbuilders and Engineers have gained nearly 100% over the past year. On a year-to-date basis, the stock has risen 9.75%, while rising 23.82% in the past six months. The stock has also rallied 6.62% in the past month. However, in the past five trading sessions, the defence stock has fallen 5.49%.

Garden Reach Shipbuilders shares were trading 0.89% up at Rs 1,811 apiece on the NSE around 10:20 a.m. on Monday. This compares to a 2.93% rise in benchmark Nifty 50.