GRSE Garden Reach Shipbuilders & Engineers Q4 FY26 results (Jan–Mar 2026) and concall
Garden Reach Shipbuilders & Engineers Ltd. reported a strong Q4 and FY26, achieving its best-ever financial and physical performance with significant growth in revenue and PAT. The company's order book remains healthy, and a substantial pipeline of potential orders, including the Next Generation Corvette project, provides strong future visibility. GRSE is also actively pursuing capacity expansion and new export opportunities, while maintaining focus on operational efficiency and margins.
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What they filed
Q4 FY26: revenue up 29.0%, net profit up 24.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,153 | 1,271 | 1,642 | 1,310 | 1,677 +45% | 1,896 +49% | 2,119 +29% |
| EBITDA | 69 | 75 | 221 | 112 | 156 +126% | 172 +129% | 355 +61% |
| Net profit | 98 | 98 | 244 | 120 | 154 +57% | 171 +74% | 303 +24% |
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.
