Garden Reach Shipbuilders & Engineers (GRSE) has announced its Q2 results alongside an interim dividend. The company declared a dividend of ₹5.75 per share. Revenue from operations stood at ₹167.74 crore for the quarter, resulting in a profit after tax of ₹15.38 crore. GRSE has fixed November 11, 2025, as the record date for determining dividend eligibility.
Financial Performance
Garden Reach Shipbuilders & Engineers (GRSE) reported its unaudited financial results for the quarter ended September 30, 2025. Key highlights include:
- Revenue from operations: ₹167.74 crore
- Total Income: ₹174.61 crore
- Profit before tax: ₹20.94 crore
- Profit after tax: ₹15.38 crore
- Earnings per share: ₹13.43
Compared to the previous quarter, revenue increased from ₹130.99 crore. Overall, GRSE demonstrated a solid financial performance for Q2, with significant growth in revenue and profit.
Interim Dividend Announcement
The Board of Directors has declared an interim dividend of ₹5.75 per equity share (face value of ₹10 each) for the financial year 2025-26. This amounts to a total dividend payout of approximately ₹65.87 crore.
Important Dates
The record date for determining shareholders eligible for the interim dividend is Tuesday, November 11, 2025.
Balance Sheet Highlights
Key figures from the unaudited balance sheet as of September 30, 2025:
- Total Assets: ₹10,98,408.32 Lakh
- Equity Share Capital: ₹11,455.20 Lakh
Source: BSE