May 14, 2025 10:36 AM IST
GRSE recorded a profit after a tax of ₹ 527 crore in 2024-25, increased by ₹ 357 crore to 48% in the last financial year.
Garden Reach Shipbuilders and Engineers Limited (GRSE) shares jumped up to 14.89% 2,200 APPs on the National Stock Exchange on Wednesday, 14 May after the release of its strong financial results for the fourth quarter and full financial year 2024-25.
Defense PSU GRSE LTD has recorded benefits after Tax (PAT) 527 crore in 2024-25, 48 percent increase 357 crore net profit in the last financial year, an official said on Tuesday.
The company registered a 39 percent increase in total income in the financial year 2025 as compared to the previous financial year.
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Kolkata-based warshipbuilder stood on total income for 2024-25 5,411 crore against In 3,892 crore 2023-24, the GRSE official said in a statement.
Income (EPS) per share for 2024-25 46.04, against In 31.19 2023-24, he said.
He said that GRSE declared a total dividend at the rate of 138.5 percent of the payment-up share capital against 93.6 percent in the previous year.
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Commenting on the results, GRSE Chairman and Managing Director Commodore PR Hari (Rated) said, “With our strong order book, the production maturity of ongoing projects and the maturity of the order of visibility included in the commercial shipbuilding section, I am sure to perform even better during the current financial year.”
(With input from PTI)
