Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE), a leading public sector undertaking under the Ministry of Defence, GOI has announced its financial results for the fourth quarter and full year ended March 31, 2026.
The revenue recorded during FY26 was Rs 7002 crore, registering a growth of 38% over FY25. Similarly, the PAT has increased by 42% to Rs 748 crore.
Financial Performance:
| Particulars (Rs. Cr) | Q4FY26 | Q4FY25 | YoY | FY26 | FY25 | YoY |
| Total Income | 2,190.37 | 1,756.25 | 24.72% | 7,276.54 | 5,410.53 | 34.49% |
| Revenue | 2,119.21 | 1,642.04 | 29.06% | 7,002.16 | 5,075.69 | 37.95% |
| EBITDA | 426.45 | 334.92 | 27.33% | 1,069.69 | 756.10 | 41.47% |
| PBT | 410.85 | 323.55 | 26.98% | 1,004.70 | 703.29 | 42.86% |
| PAT | 303.20 | 244.25 | 24.14% | 747.93 | 527.40 | 41.81% |
| EPS | 26.47 | 21.32 | 24.14% | 65.29 | 46.04 | 41.81% |
Commenting on the results, Cmde PR Hari, IN (Retd), Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, “FY26 marks a landmark year for GRSE wherein our robust physical performance has been translated into strong financial results. During the year, we delivered 08 warships, that means a ship every one and a half months, a credible achievement by any standards. We intend maintaining the tempo in the years ahead through capability enhancement, new technology adoption and calibrated business diversification.”
