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GRSE Shares Surge Past Rs 2,200 on Record Q4 Earnings and Dividend Proposal

The defence PSU posted a 118.9% profit jump, 61.7% revenue growth, and recommended a Rs 4.90 final dividend, fueling investor confidence.

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Cochin Shipyard shares zoom 14% today; here's what tech charts indicate
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GRSE, Cochin Shipyard, Mazagon Dock shares soared up to 18% today; here's why

Overview

  • Garden Reach Shipbuilders & Engineers (GRSE) reported a 118.9% year-on-year rise in Q4 net profit to Rs 244.2 crore, its strongest quarterly performance in recent years.
  • Revenue for Q4 FY25 climbed 61.7% to Rs 1,642 crore, while EBITDA surged 141.8% to Rs 219 crore, reflecting improved operational efficiency.
  • The board proposed a final dividend of Rs 4.90 per share for FY25, subject to shareholder approval at the upcoming AGM.
  • GRSE shares rallied over 14% following the results, crossing Rs 2,200 intraday and boosting the company’s market capitalization to nearly Rs 24,000 crore.
  • Management expressed confidence in stronger performance for FY26, citing a robust order book and growth in both defence and commercial shipbuilding.