GRSE Garden Reach Shipbuilders & Engineers Q1 FY26 results (Apr–Jun 2025) and concall
Garden Reach Shipbuilders & Engineers Ltd. reported a strong Q1 FY26 with significant project deliveries, including the first P-17 Alpha ship ahead of schedule. The company's order book stands at ₹21,700 crores, bolstered by being the L1 bidder for the next-generation corvette project worth ₹25,000 crores. GRSE is actively pursuing capacity expansion, aiming for 40 ships by 2029, and is focused on new product development in autonomous and green vessel technologies, alongside indigenization efforts.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 1,153 | 1,271 | 1,642 | 1,310 |
| EBITDA | 69 | 75 | 221 | 112 |
| Net profit | 98 | 98 | 244 | 120 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
