Garden Reach Shipbuilders & Engineers Limited (GRSE) reported a 13% increase in net profit for Q1 FY25, reaching Rs 87 crore, driven by a 34% rise in revenue to Rs 1,010 crore. The EPS improved to Rs 7.6, though the net profit margin fell to 8.64%. GRSE is optimistic about future growth, supported by a strong order book and new technical collaborations with Medha Servo Drives and Kerala State Electronics Development Corporation. The results highlight GRSE’s strong performance and growth potential, which may positively influence investor confidence and stock value.
