Garden Reach Shipbuilders & Engineers Ltd Q4FY24; 104% rise in Profits

Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard.

Financial Results:

Garden Reach Shipbuilders & Engineers Ltd reported Revenues for Q4FY24 of ₹1,016.00 Crores up from ₹601.00 Crore year on year, a rise of 69.05%.

Total Expenses for Q4FY24 of ₹938.00 Crores up from ₹595.00 Crores year on year, a rise of 57.65%.

Consolidated Net Profit of ₹112.00 Crores up 103.64% from ₹55.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.74, up 101.66% from ₹4.83 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.