Garden Reach Shipbuilders Reports Strong Q2 Performance with 57% Profit Growth and Interim Dividend

Heading: Garden Reach Shipbuilders and Engineers (GRSE) has delivered an impressive financial performance for the second quarter of the financial year 2025-26. The public sector company reported a substantial 57.29% increase in net profit, reaching Rs 153.78 crore. This marks a significant jump from the Rs 97.77 crore net profit recorded during the same period in the previous fiscal year. Revenue from operations also saw robust growth, increasing by 45% to Rs 1,677.38 crore in Q2 FY26, up from Rs 1,152.92 crore in the corresponding quarter of FY25. Dividend Announcement: In a move to reward shareholders, the board of directors has approved an interim dividend of Rs 5.75 per equity share. The total payout for this dividend will amount to Rs 65 crore. The company has set November 11 as the record date for determining the eligibility of shareholders for this dividend payment. Impact: This strong financial performance, characterized by significant profit and revenue growth coupled with a dividend payout, is likely to be viewed positively by investors. It suggests effective operational management and financial health, potentially leading to increased investor confidence and a positive impact on the company's stock price. The dividend provides direct returns to shareholders. Impact Rating: 7/10. Heading: Difficult Terms Explained: Net Profit: This is the profit a company makes after deducting all expenses, including taxes and interest, from its total revenue. It represents the company's actual earnings. Interim Dividend: A dividend paid out to shareholders during a company's financial year, rather than only at the end of the year. It's an advance payout based on current profits.