GRSE Q2 earnings: Net profit rises 12%, revenue at Rs 1,826 crore
Garden Reach Shipbuilders Q2 earnings: Revenue rose 9% to Rs 1826.6 crore in the last quarter against Rs 1677 cr on a YoY basis.
- Nov 11, 2026,
- Updated Nov 11, 2026 3:47 PM IST
Garden Reach Shipbuilders & Engineers (GRSE) reported a 12.4% rise in net profit for the September 2026 quarter. Net profit in Q2 came at Rs 172 crore against Rs 153 cr in the September 2026 quarter. Revenue rose 9% to Rs 1826.6 crore in the last quarter against Rs 1677 cr on a YoY basis.
EBIDTA climbed 25.3% to Rs 195.4 crore in Q2 against Rs 156 crore in the September 2025 quarter. EBITDA margin in Q2 rose to 10.7% against 9% on a YoY basis.
Total expenses climbed to Rs 1654 crore in Q2 against Rs 1536.71 crore in the September 2025 quarter. EPS rose to Rs 15.01 in Q2 against Rs 13.43 in Q2 of the previous fiscal.
After the earnings were announced, GRSE stock was trading on a flat note at Rs 2214 on BSE. Market cap of the firm stood at Rs 25,361 crore. On BSE, around 1.74 lakh shares changed hands amounting to a turnover of Rs 38.63 crore.
Garden Reach Shipbuilders & Engineers (GRSE) reported a 12.4% rise in net profit for the September 2026 quarter. Net profit in Q2 came at Rs 172 crore against Rs 153 cr in the September 2026 quarter. Revenue rose 9% to Rs 1826.6 crore in the last quarter against Rs 1677 cr on a YoY basis.
EBIDTA climbed 25.3% to Rs 195.4 crore in Q2 against Rs 156 crore in the September 2025 quarter. EBITDA margin in Q2 rose to 10.7% against 9% on a YoY basis.
Total expenses climbed to Rs 1654 crore in Q2 against Rs 1536.71 crore in the September 2025 quarter. EPS rose to Rs 15.01 in Q2 against Rs 13.43 in Q2 of the previous fiscal.
After the earnings were announced, GRSE stock was trading on a flat note at Rs 2214 on BSE. Market cap of the firm stood at Rs 25,361 crore. On BSE, around 1.74 lakh shares changed hands amounting to a turnover of Rs 38.63 crore.