Garden Reach Shipbuilders Stock Skyrockets After Massive Profit Jump

Garden Reach Shipbuilders Stock Soars on Strong Q4 Results

Shares of leading Indian shipyard Garden Reach Shipbuilders & Engineers Ltd. surged by a remarkable 17% today, driven by impressive financial results for the fourth quarter of the fiscal year. The company reported a staggering 149% increase in net profit compared to the previous quarter, along with a significant 62% year-on-year revenue growth.

Revenue and Profit Climb

Garden Reach Shipbuilders’ revenue for Q4FY25 reached Rs 1,642 crore, a 29% increase from the previous quarter and a substantial 62% jump from the same period last year. This impressive performance translated into a net profit of Rs 244 crore in Q4FY25, marking a remarkable 149% increase quarter-on-quarter and a 117% year-on-year surge.

Looking at the full fiscal year, the company witnessed a 41% surge in revenue, reaching Rs 5,076 crore, and a 48% jump in net profit, reaching Rs 527 crore. These figures underscore a period of strong growth and improved profitability for Garden Reach Shipbuilders.

Dividend Boost and Robust Order Book

Adding to the positive news, the Board of Directors has approved a final dividend of Rs 4.90 per equity share for the Financial Year 2024-25. Furthermore, the company boasts a robust order book worth Rs 23,877 crore, covering 40 platforms across 10 projects. This includes significant contracts for 17 Navy warships, 2 export deals, 6 German Multi-Purpose Vessels, 13 World Bank-funded hybrid ferries for West Bengal, and specialized vessels for DRDO and the Ministry of Earth Sciences.

A Key Player in India’s Defence Sector

Garden Reach Shipbuilders & Engineers Ltd. is a leading name in India’s defence sector, specializing in shipbuilding for the Indian Navy and Coast Guard. The company has a strong track record, being the first in India to export warships and having delivered 100 vessels to the Indian Navy and Coast Guard.