Garden Reach Shipbuilders declares interim dividend, posts strong half-year results

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) announced an interim dividend of ₹5.75 per equity share for the financial year 2025-26, totaling ₹65.87 crore from profits for the half-year ended September 30, 2025. The record date for determining eligible shareholders is set for Tuesday, November 11, 2025. The board of directors approved this decision at a meeting held on November 4, 2025, which also reviewed the unaudited financial results.

For the half-year ended September 30, 2025, GRSE reported a total income of ₹3,12,849.03 Lakh, with profit before tax at ₹37,607.76 Lakh and profit after tax at ₹27,396.26 Lakh. This compares favorably to the prior year's half-year results (ended September 30, 2024), which showed a total income of ₹2,31,142.65 Lakh and profit after tax of ₹18,496.77 Lakh. The company’s earnings per share for the period were ₹23.92.

The company's total assets as of September 30, 2025, stood at ₹10,98,408.32 Lakh, an increase from ₹10,05,857.69 Lakh reported on September 30, 2024. The net profit margin for the half-year ended September 30, 2025, was 9.17%, up from 8.55% in the corresponding period of the previous year.