Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has announced 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, a slight increase from the previous year. Total income for the quarter stood at ₹1,88,564.37 lakh. The results also detailed the company’s asset and liability position, with total assets amounting to ₹9,19,910.42 lakh.
GRSE Announces Q2 FY27 Unaudited Financial Results
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has released its unaudited financial results for the second quarter and the half-year ended September 30, 2026. The company reported a profit before tax of ₹23,162.43 lakh for the quarter, compared to ₹20,936.03 lakh in the corresponding period of the previous year. Total income for the quarter was ₹1,88,564.37 lakh, up from ₹1,74,607.29 lakh a year ago.
Key Financial Highlights
For the half-year ended September 30, 2026, GRSE posted a profit before tax of ₹46,315.04 lakh. The total income for the half-year reached ₹3,79,982.51 lakh. The Statement of Assets and Liabilities as at September 30, 2026, shows total assets valued at ₹9,19,910.42 lakh. Equity share capital remained stable at ₹11,455.20 lakh, while other equity stood at ₹2,78,219.06 lakh.
Operational Performance
Total expenses for the quarter ended September 30, 2026, were ₹1,65,401.94 lakh. The cost of materials consumed was a significant component at ₹1,08,708.81 lakh for the quarter. For the half-year, total expenses amounted to ₹3,33,667.47 lakh. The company’s net profit after tax for the quarter was ₹17,197.50 lakh.
Statement of Assets and Liabilities
As of September 30, 2026, GRSE’s assets included substantial current assets, with inventories at ₹2,10,886.85 lakh and trade receivables at ₹1,10,259.43 lakh. Non-current assets, primarily property, plant, and equipment, were valued at ₹50,741.91 lakh. On the liabilities side, current liabilities were dominated by other current liabilities at ₹4,31,520.32 lakh.
Source: BSE
