Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has released its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a profit before tax of ₹23,162.43 lakh for the quarter and ₹46,315.04 lakh for the half year. These results were approved by the Board of Directors on November 11, 2026, and include a limited review by the statutory auditors.
GRSE Announces Financial Performance for Q2 FY27
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has submitted its unaudited financial results for the quarter and half year ended September 30, 2026. The results were formally approved by the company’s Board of Directors during a meeting held on November 11, 2026.
Key Financial Highlights
For the quarter ended September 30, 2026, GRSE reported a Profit before tax of ₹23,162.43 lakh. This figure reflects the company’s operational performance for the period. The total income for the quarter stood at ₹1,88,564.37 lakh, comprising revenue from operations and other income.
The statement also detailed the financial performance for the half year ended September 30, 2026. The Profit before tax for this period reached ₹46,315.04 lakh. Total income for the half year was ₹3,79,982.51 lakh.
Statement of Assets and Liabilities
As of September 30, 2026, GRSE’s total assets were valued at ₹9,19,910.42 lakh. The company’s equity and liabilities amounted to the same figure. Key components of assets include substantial inventories of ₹2,10,886.85 lakh. Total equity stood at ₹2,89,674.26 lakh, with Equity Share Capital at ₹11,455.20 lakh.
Cash Flow and Auditor Review
The Cash Flow Statement for the half year ended September 30, 2026, indicates a net cash outflow from operating activities of (₹35,468.72 lakh). The company’s cash and cash equivalents at the end of the period were ₹1,767.17 lakh.
The unaudited financial results have undergone a limited review by the Statutory Auditors, S K Agrawal & Co. Chartered Accountants, LLP. The auditors’ report confirms that, based on their review, nothing has come to their attention that causes them to believe the accompanying statement is not in accordance with the recognition and measurement principles of Indian Accounting Standard 34 and other generally accepted accounting principles in India.
Source: BSE
