Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a leading defense public sector undertaking under the Ministry of Defence, has reported a strong financial performance for the second quarter of the fiscal year 2025-26, alongside declaring an interim dividend.

Financial Highlights

GRSE has demonstrated significant growth across key financial metrics for Q2 FY2025-26:

The company's revenue surged to ₹1,680 crore in Q2 FY2025-26, marking a substantial increase of 46.09% compared to ₹1,150 crore in the same quarter of the previous fiscal year.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a remarkable growth of 132.90%, reaching ₹160 crore, up from ₹68.70 crore in the corresponding quarter of the previous year. This growth translated into an improved EBITDA margin of 9.31%, a significant increase of 335 basis points from 5.96% in Q2 FY2024-25.

Net profit for the quarter stood at ₹150 crore, representing a robust year-on-year growth of 53.37% from ₹97.80 crore in Q2 FY2024-25.

Interim Dividend Declaration

The Board of Directors of GRSE has declared an interim dividend of ₹5.75 per equity share for the financial year 2025-26. This dividend, with a face value of ₹10 per share, amounts to a total payout of ₹65.87 crore.

The company has set Tuesday, 11th November, 2025, as the Record Date for determining shareholders eligible to receive the interim dividend.

Half-Yearly Performance

For the half-year ended 30th September 2025, GRSE reported:

• Total income of ₹3,128.49 crore
• Profit before tax of ₹376.08 crore
• Net profit after tax of ₹273.96 crore

Company Outlook

Garden Reach Shipbuilders & Engineers Ltd. continues to play a crucial role in India's defense manufacturing sector. The company's robust order book and strategic position in the defense shipbuilding sector may contribute to future growth. However, future performance may be subject to various factors including project timelines, order inflows, and broader economic conditions.

Note: The financial figures mentioned in this article are based on the unaudited financial results for the quarter and half-year ended 30th September, 2025, as reported by the company.

Garden Reach Shipbuilders and Engineers Ltd. (GRSE) is set to release its financial results for the quarter and half-year ended September 30, 2025, on November 4, 2025. The company's board will also consider declaring an interim dividend for the financial year 2025-26 during this meeting.

Key Points

• Results Announcement Date: November 4, 2025
• Record Date for Dividend: November 11, 2025
• Trading Window: Closed from October 1 until 48 hours after results declaration

Previous Quarter Performance

GRSE reported strong financial performance for the quarter ended June 30, 2025:

Recent Stock Performance

The company's shares closed at ₹2,558.00 on Friday, with a 52-week high of ₹3,538.40 and a low of ₹1,184.90.

Investors and market analysts will be closely watching GRSE's upcoming Q2 results, particularly in light of the strong performance reported in the previous quarter. The potential interim dividend declaration may also impact investor sentiment and the stock's near-term performance.

Shareholders of record as of November 11, 2025, will be eligible for the interim dividend, should the board approve its distribution. The closure of the trading window for designated persons is a standard regulatory measure to prevent insider trading ahead of significant corporate announcements.

As Garden Reach Shipbuilders prepares to release its latest financial figures, stakeholders will be keen to see if the company can maintain its growth trajectory in revenue and profitability, especially given the volatile market conditions reflected in its recent stock price movements.