Garden Reach Shipbuilders & Engineers Limited (GRSE), a leading public sector undertaking under the Ministry of Defence, GOI has announced its financial results for the fourth quarter & full year ended March 31st, 2026. The revenue recorded during FY26 was Rs 7002 Cr, registering a growth of 38% over FY25. Similarly, the PAT has increased by 42% to Rs 748 Cr.
Commenting on the results, Cmde PR Hari, IN (Retd), Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, “FY26 marks a landmark year for GRSE wherein our robust physical performance has been translated into strong financial results. During the year, we delivered 08 warships, that means a ship every one & a half months, a credible achievement by any standards. We intend maintaining the tempo in the years ahead through capability enhancement, new technology adoption and calibrated business diversification.”
