Garden Reach Shipbuilders & Engineers (GRSE) reported a strong financial performance for the third quarter of FY25, driven by higher revenue from operations and efficient cost management.
Key Financial Highlights (Q3 FY25 – Consolidated):
- Revenue from operations: Rs 1,270.08 crore, compared to Rs 923.09 crore in Q3 FY24
- Total income: Rs 1,343.12 crore vs. Rs 1,004.61 crore (YoY)
- Profit before tax (PBT): Rs 133.76 crore vs. Rs 118.67 crore (YoY)
- Net profit (PAT): Rs 98.18 crore vs. Rs 88.25 crore (YoY)
Expense Breakdown:
- Cost of materials consumed: Rs 874.42 crore vs. Rs 545.97 crore (YoY)
- Employee benefits expense: Rs 90.77 crore vs. Rs 86.25 crore (YoY)
- Finance costs: Rs 2.31 crore, reflecting marginal growth
- Depreciation and amortization: Rs 11.33 crore vs. Rs 10.76 crore (QoQ)
Nine-Month Performance:
- Total income: Rs 3,654.55 crore vs. Rs 2,800.61 crore (YoY)
- Net profit: Rs 283.15 crore, showcasing robust growth momentum.
The company’s ongoing execution of defense projects and cost efficiency measures are expected to support continued growth in the coming quarters.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice.
