Archive · 29 Jul 2026
Garden Reach Shipbuilders Q1 Profit Rises 43.83%
Garden Reach Shipbuilders & Engineers Ltd reported its financial results for the first quarter of 2026.
The company's net profit increased by 43.83% to ₹172.84 crore compared to the same quarter last year.
Revenue from operations also grew by 38.53% to ₹1,814.62 crore.
However, the company's expenses increased significantly, with the cost of materials consumed rising to ₹1,244.23 crore.
The earnings per share (EPS) improved to ₹15.09.
The financial results were approved by the board of directors and reviewed by the statutory auditors.
The company confirmed compliance with Indian Accounting Standard (Ind AS) 34.
Garden Reach Shipbuilders & Engineers Ltd reported a 43.83% increase in net profit for Q1 2026.
Revenue from operations grew by 38.53% to ₹1,814.62 crore.
Total expenses for the quarter were ₹1,682.66 crore, with a significant increase in material costs.
Earnings per share (EPS) increased to ₹15.09.
The financial results were approved by the board and reviewed by statutory auditors.
- Who
- Garden Reach Shipbuilders & Engineers Ltd
- What
- Announced Q1 financial results
- When
- Quarter ended 30 June 2026
- Where
- Mumbai
- Why
- To report financial performance and compliance with accounting standards
Positive Financial Performance
Increased Operational Costs
Profit Growth
Positive Financial Performance
The company's net profit increased by 43.83%, indicating strong financial performance.
Increased Operational Costs
The increase in profit is accompanied by a significant rise in operational costs.
Revenue Growth
Positive Financial Performance
Revenue from operations grew by 38.53%, showing robust business growth.
Increased Operational Costs
The cost of materials consumed increased substantially, which could impact future profitability.
- Net Profit
- ₹172.84 crore
- Revenue from Operations
- ₹1,814.62 crore
- Total Income
- ₹1,914.18 crore
- Total Expenses
- ₹1,682.66 crore
- Earnings Per Share (EPS)
- ₹15.09
- Board Meeting Date
- 29 July 2026
- Auditor
- Guha Nandi & Co.
- Accounting Standard
- Indian Accounting Standard (Ind AS) 34
