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GRSE Q2 earnings: Net profit rises 12%, revenue at Rs 1,826 crore 

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. 

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Aseem Thapliyal
Aseem Thapliyal
  • Updated Nov 11, 2026 3:47 PM IST
GRSE Q2 earnings: Net profit rises 12%, revenue at Rs 1,826 crore  GRSE stock was trading on a flat note at Rs 2214 on BSE. Market cap of the firm stood at Rs 25,361 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.

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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.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Nov 11, 2026 3:45 PM IST
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