Defence PSU GRSE FY25 profit surges 48% to Rs 527 crore

Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has recorded a nett aft taxation (PAT) of Rs 527 crore successful 2024-25, registering a maturation of 48 per cent implicit Rs 357 crore of nett net successful the erstwhile fiscal, an authoritative said connected Tuesday. The institution posted a 39 per cent maturation successful full income successful FY'25, arsenic compared to the erstwhile fiscal year.

The full income of the Kolkata-based warshipbuilder for 2024-25 stood astatine Rs 5,411 crore arsenic against Rs 3,892 crore successful 2023-24, the GRSE authoritative said successful a statement.

The net per stock (EPS) for 2024-25 stood astatine Rs 46.04, against Rs 31.19 successful 2023-24, helium said.

GRSE declared a full dividend astatine the complaint of 138.5 per cent of paid-up stock capital against 93.6 per cent successful the erstwhile year, helium said.

Commenting connected the results, GRSE president and managing manager Commodore P R Hari (Retd) said, "With our beardown bid book, accumulation maturity of the ongoing projects and bid visibility including successful the commercialized shipbuilding segment, I americium assured of adjacent amended show during the existent fiscal year."