Garden Reach shipbuilders’ share price rallied 18.2% to an intra-day high of Rs 2,264.90 on the National Stock Exchange. The share price of the defence PSU surged as net profit doubled in the fourth quarter of FY25. It was up 119% year-on-year to Rs 244 crore in Q4FY25, as compared with a net profit of Rs 111.6 crore posted in Q4FY24.
The company’s revenue jumped 62% YoY to Rs 1,642 crore in the last quarter of the financial year 2024-25, as against a net profit of Rs 1,015.7 crore in Q4FY24.
Garden Reach’s EBITDA (earnings before interest, tax, depreciation, and amortisation) rose 145% YoY to Rs 220.95 crore in Q4 FY25, versus Rs 90.35 crore in the same period of the previous financial year.
Garden Reach declares dividend
The board of the company recommended a final dividend of Rs 4.9 per equity share for the financial year 2024-25. It is subject to the approval of the shareholders at the ensuing annual general meeting.
Garden Reach Q3 earnings
The company’s net profit grew 12% YoY to Rs 98 crore in Q4FY25, compared with the same quarter a year ago. Its revenue from operations stood at Rs 1,271 crore in Q4FY25, up 37% YoY. The company’s EBITDA increased by 55% to Rs 75.63 crore in the last quarter of the financial year 2024-25, while margins expanded by nearly 70 basis points to 5.95% from 5.27% in the base quarter.
Garden Reach Shipbuilders’ stock performance
The share price of Garden Reach has risen by 22.6% in the past five trading sessions. The stock has given a return of 31% in the last one month and 57% in the past six months. Garden Reach’s share price has raised investors’ money by 125% in the previous one year.