GRSE Garden Reach Shipbuilders & Engineers Q3 FY26 results (Oct–Dec 2025) and concall
Garden Reach Shipbuilders & Engineers Ltd. reported robust Q3 FY26 results with significant YoY growth in both revenue and PAT, driven by strong execution. The company maintains a healthy order book and a substantial pipeline of potential orders, supported by ongoing capacity expansion and strategic partnerships. Management anticipates FY27 to be a peak revenue year and is focused on sustaining growth beyond that.
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What they filed
Q3 FY26: revenue up 49.2%, net profit up 74.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 1,153 | 1,271 | 1,642 | 1,310 | 1,677 +45% | 1,896 +49% |
| EBITDA | 69 | 75 | 221 | 112 | 156 +126% | 172 +129% |
| Net profit | 98 | 98 | 244 | 120 | 154 +57% | 171 +74% |
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.
