Garden Reach Shipbuilders Q4 FY25 Shines with Margin Growth
Garden Reach Shipbuilders Q4 FY25 Results (Image credit company website)
Garden Reach Shipbuilders Q4 FY25 Results: Revenue Soars 62%, Experts Highlight Growth Trajectory
By S Jha
MUMBAI, May 13, 2025 – Garden Reach Shipbuilders & Engineers Limited (GRSE), a leading Indian defence PSU, in its Q4 FY25 results today showcased a robust financial performance for the quarter and fiscal year ending March 31, 2025.
The Kolkata-headquartered company reported a significant 62% year-on-year (YoY) increase in revenue, reaching ₹1,642.03 crore compared to ₹1,015.72 crore in Q4 FY24. Rise in revenue was led by strong operational growth and a record-high order book.
According to a press release on the official GRSE website, the company’s Profit After Tax (PAT) surged by 118.8% YoY to ₹244.24 crore, up from ₹111.59 crore in the same quarter last year. This also marked a 148.7% quarter-on-quarter (QoQ) increase from ₹98.18 crore in Q3 FY25.
Total income for FY25 stood at ₹5,075.69 crore, a 41% increase from ₹3,592.64 crore in FY24. The board also recommended a final dividend, subject to shareholder approval, reflecting confidence in sustained growth.
GRSE’s EBITDA for Q4 FY25 soared 101% YoY to ₹335 crore from ₹166 crore. EBITDA margins improved significantly.
GRSE’s performance invited close scrutiny from commentators, as @abhymurarka, a financial analyst, posted on X, “GRSE has reported stellar numbers for Q4 FY25, with revenue up 62% and PAT up 118% YoY, reflecting its strong execution capabilities.”
Another analyst, @gaze_observer noted, “Other income at ₹113.9 crore also contributed to the profit surge, up from ₹75.92 crore YoY,” calling the results “decent” and highlighting the company’s operational efficiency.
PSU Connect reported that GRSE’s Chairman and Managing Director, Cmde Hari PR, IN (Retd), stated, “Our existing orders for the Indian Navy, coupled with commercial vessels and specialized research vessels, provide a clear growth path. With a strong order book, the foreseeable future looks promising.”
GRSE’s performance comes amidst a broader push for India’s shipbuilding sector. @DFinMirror on X described the results as “excellent numbers,” pointing to GRSE’s ability to scale new heights.
Shares of GRSE traded with gains of over five per cent to close the day at ₹1916.10. The stock is still far away from peak of ₹2668.
GRSE’s Q4 FY25 results signal its growing prominence in India’s defence and shipbuilding sectors, though investors will likely monitor its ability to sustain margins amid global supply chain challenges and domestic competition.
Disclaimer: This article makes no recommendation for buy of sell of shares of any company.
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