GRSE Q4 Results: Profit Up 102%, Revenue Crosses Rs 1,000 Crore

Garden Reach Shipbuilders Ltd, the state-run ship building company Posts Strong Q4 Results.The company's revenue crossed the mark of ₹1,000 crore in the March quarter, registering a gain of 69% compared to the year-ago quarter. Earnings Before Interest, Tax Depreciation and Amortisation more than tripled during the quarter to ₹90.5 crore. Last year, the company reported EBITDA of just over ₹20 crore.Net profit also doubled from the year-ago quarter to ₹112 crore. For the financial year 2024, the company's revenue increased by 40% and net profit grew by 57% when compared to the financial year 2023. Watch Exclusive Chat with Cmde PR Hari, IN (Retd), CMD, GRSE On Q4 Results.