Garden Reach Shipbuilders share price soars over 14% as Q4 net profit more than doubles
Q4 Earnings Impact: Shares of Garden Reach Shipbuilders & Engineers (GRSE) surged over 14 percent on Wednesday, May 14, after the state-owned defence shipbuilder reported a stellar set of numbers for the March 2025 quarter. The company’s net profit more than doubled year-on-year (YoY), driven by strong revenue growth and margin expansion.
Profit Soars, Margins Improve
GRSE’s net profit rose sharply by 118.9 percent YoY to ₹244.2 crore in Q4FY25, compared to ₹111.6 crore in the same quarter a year ago. This impressive performance was underpinned by robust revenue growth and improved operational efficiency.
Revenue from operations came in at ₹1,642 crore, marking a 61.7 percent YoY increase from ₹1,015.7 crore in the March 2024…
