Garden Reach logs 118.90% y-o-y growth in Q4 net profit

14 May 2025 , 01:18 PM

Garden Reach Shipbuilders and Engineers Limited stated that its net profit recorded a growth of 118.90% on a year-on-year basis to ₹244.20 Crore in the quarter ended March 2025. In the previous corresponding period, the business posted a net profit of ₹111.60 Crore.

The company announced that its revenue from operations was up 61.70% on a year-on-year basis to ₹1,642 Crore. In the same quarter of previous year, the revenue was reported at ₹1,015.70 Crore.

The business said that EBITDA jumped 141.80% y-o-y to ₹219 Crore as compared to ₹90.60 Crore in the previous corresponding period.

The defence PSU posted a profit before tax (PBT) of ₹324 Crore. As per the company, it increased more than twice against ₹153 Crore in the previous comparable quarter. This was a growth of 112%. 

The company said that for FY25, its board of directors recommended a final dividend of ₹4.90 per equity share. This dividend is subject to the approval of shareholders. The company decides to pay the final dividend within a period of 30 days from the date of declaration.

Cmde Hari PR, IN (Retd), Chairman and Managing Director of Garden Reach Shipbuilders & Engineers stated that the company is thrilled to announce a robust set of numbers for the quarter ended March 2025.

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