Garden Reach Shipbuilders & Engineers Limited — Updates, 03-02-2025: Press Release

Total income for Q3 FY25 stood at Rs. 1,343 Crore, reflecting a 34% increase from Rs. 1,005 Crore in Q3 FY24. Revenue from operations rose by 38% to Rs. 1,271 Crore, up from Rs. 923 Crore in the same period last year. Core EBITDA increased 13% to Rs. 147 Crore, while Profit Before Tax (PBT) grew by 13% to Rs. 134 Crore. Profit After Tax (PAT) also marked an 11% growth, reaching Rs. 98 Crore.

For the nine months ending December 31, 2024, Total Income was Rs. 3,655 Crore, up 30% compared to Rs. 2,801 Crore in 9M FY24, with Revenues from operations at Rs. 3,434 Crore, reflecting 33% growth. Core EBITDA increased to Rs. 421 Crore, marking a 15% rise, and PAT stood at Rs. 283 Crore, a 15% increase.

The Chairman expressed confidence in maintaining growth momentum for Q4 FY25, highlighting a strong order book and ongoing project progress, suggesting a positive outlook for GRSE.