Garden Reach Shipbuilders Announces Rs 5.75 Per Share Dividend After Q2 Profit Soars
Garden Reach Shipbuilders & Engineers Ltd. has announced an interim dividend of Rs 5.75 per equity share of face value of Rs 10 each, as per an exchange filing on Tuesday. The defence company has reported a 57.3% rise to Rs 154 crore from Rs 97.8 crore in the year-ago period.
Q2 Profit and Revenue Rise
The total dividend paid will amount to Rs. 65.87 crore, out of profits of the Company for the half year ended 30th Sep 2025. Revenue for the second quarter rose 45.5% to Rs 1,677 crore compared to Rs 1,153 crore in the corresponding quarter last year.
While GRSE’s earnings before interest tax depreciation and amortisation more than doubled to Rs 156 crore from Rs 68.7 crore and Ebitda margin expanded to 9.3% against 6% in the Q2 FY25.
Key Financial Highlights
- Revenue rose 45.5% to Rs 1,677 crore versus Rs 1,153 crore.
- Ebitda was at Rs 156 crore versus Rs 68.7 crore.
- Margin stood at 9.3% versus 6%.
- Net Profit jumped 57.3% to Rs 154 crore versus Rs 97.8 crore.
Record Date and Dividend Details
Additionally, the Board of Directors has fixed Nov. 11, 2025 as the record date for determining the shareholders entitled to receive the interim dividend for FY26. To know more about dividend investment strategy and how it can impact your portfolio, click here.
Stock Price Movement
The earnings announcement came post Tuesday’s market hours. During the market hours Garden Reach stock fell as much as 0.92% during the day to Rs 2,550 apiece on the NSE. It closed 0.68% lower at Rs 2556.20 apiece, compared to an 0.64% decline in the benchmark Nifty 50 at close.
It has risen 58.78% in the last 12 months and 58.14% on a year-to-date basis. For more information on Nifty 50 index and its impact on the Indian stock market, visit our website.
Analysis and Outlook
The significant rise in Q2 profit and revenue is a positive sign for the company and its investors. The dividend announcement is also a good indication of the company’s commitment to rewarding its shareholders. However, the stock price movement suggests that the market has already factored in the positive earnings and dividend announcement.
Investors should keep a close eye on the company’s future earnings and dividend announcements, as well as the overall market trends. To stay updated with the latest stock market news and analysis, visit our website regularly.
Conclusion
In conclusion, Garden Reach Shipbuilders & Engineers Ltd. has announced a significant dividend and reported a strong Q2 profit. While the stock price movement was muted, the company’s financial performance and dividend announcement are positive signs for investors. For more information on Indian stock market and investment strategies, click here.