Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders& Engineers announced that the Annual General Meeting(AGM) of the company will be held on 19 September 2025.Powered by Capital Market - Live

Net profit of Garden Reach Shipbuilders & Engineers rose 37.84% to Rs 120.18 crore in the quarter ended June 2025 as against Rs 87.19 crore during the previous quarter ended June 2024. Sales rose 29.73% to Rs 1309.87 crore in the quarter ended June 2025 as against Rs 1009.72 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1309.871009.72 30 OPM %8.545.57 - PBDT178.37125.88 42 PBT166.72115.44 44 NP120.1887.19 38 Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers has entered into non-binding Memorandum of Understanding (MoU) with M/s Reintjes GmbH, Hameln, Germany, a global Gearbox Design and Manufacturing company with vast experience in design and manufacturing of a wide range of Marine Propulsion Gearboxes. This MoU will facilitate a wide range of collaborative engagements, including integration of Reimtjes GmbH's high quality propulsion gear trains with selected engines for ships that would be built by the Shipyard. The professional association with Reintjes GmbH, who is a pioneer in marine gearboxes, will empower GRSE to achieve higher standards of propulsion efficacy in warships for defence forces and commercial vessels for domestic and export markets. Powered by Capital Market - Live

Garden Reach Shipbuilders& Engineers will hold a meeting of the Board of Directors of the Company on 8 August 2025.Powered by Capital Market - Live

Ideaforge Technology Ltd, Data Patterns (India) Ltd, Angel One Ltd and Paras Defence and Space Technologies Ltd are among the other losers in the BSE's 'A' group today, 25 June 2025.Garden Reach Shipbuilders & Engineers Ltd tumbled 5.53% to Rs 3009 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 7.01 lakh shares were traded on the counter so far as against the average daily volumes of 5.55 lakh shares in the past one month.Ideaforge Technology Ltd lost 4.29% to Rs 605. The stock was the second biggest loser in 'A' group.On the BSE, 75882 shares were traded on the counter so far as against the average daily volumes of 1.42 lakh shares in the past one month.Data Patterns (India) Ltd crashed 4.05% to Rs 2816.05. The stock was the third biggest loser in 'A' group.On the BSE, 1.05 lakh shares were traded on the counter so far as against the average daily volumes of 1.03 lakh shares in the past one month.Angel One Ltd fell 3.24% to Rs 2861.75. The stock was the fourth biggest loser in 'A' group.On the BSE, 73555 shares were traded on the counter so far as against the average daily volumes of 63216 shares in the past one month.Paras Defence and Space Technologies Ltd plummeted 3.20% to Rs 1595.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 96966 shares in the past one month.Powered by Capital Market - Live

BEML Ltd, KPIT Technologies Ltd, Oil India Ltd and Mishra Dhatu Nigam Ltd are among the other losers in the BSE's 'A' group today, 24 June 2025.Garden Reach Shipbuilders & Engineers Ltd crashed 8.41% to Rs 3198.8 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 6.6 lakh shares were traded on the counter so far as against the average daily volumes of 5.42 lakh shares in the past one month.BEML Ltd tumbled 6.17% to Rs 4491.45. The stock was the second biggest loser in 'A' group.On the BSE, 63063 shares were traded on the counter so far as against the average daily volumes of 1.01 lakh shares in the past one month.KPIT Technologies Ltd lost 5.90% to Rs 1308.8. The stock was the third biggest loser in 'A' group.On the BSE, 3.5 lakh shares were traded on the counter so far as against the average daily volumes of 57488 shares in the past one month.Oil India Ltd fell 5.13% to Rs 448. The stock was the fourth biggest loser in 'A' group.On the BSE, 4.06 lakh shares were traded on the counter so far as against the average daily volumes of 2.69 lakh shares in the past one month.Mishra Dhatu Nigam Ltd slipped 4.87% to Rs 441.1. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.6 lakh shares were traded on the counter so far as against the average daily volumes of 1.32 lakh shares in the past one month.Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers has signed the Contract for Construction of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI) on 11 June 2025.Powered by Capital Market - Live

In a regulatory filing made today, the company said that on 04 June 2025, it has signed a MoI with Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, Germany, for the construction of four follow-on 7,500 DWT multi-purpose vessels. These vessels will be built as a continuation of the eight vessels currently under construction at GRSE's Kolkata shipyard. The follow-on vessels will feature hybrid propulsion systems and comply with the latest cybersecurity standards. The firm contract for these vessels is expected to be finalized by 31 August 2025. In pursuance of venturing into construction of offshore platforms and vessels, GRSE stated that it has signed a memorandum of understanding (MoU) with Aries marine, a Dubai based, established and independent engineering and design firm for offshore platform and vessel design. This is to extend worldwide reach of GRSE in the offshore market. This MOU aims to facilitate collaboration on identifying and developing offshore orders for platforms designed by ARIES and built by GRSE. On the same day, the company has also inked MoU with a global engine manufacturer. The aforementioned MoI and MoUs were signed during the company's official delegation visit to Norway. GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily serves the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. As of 31 March 2025, the Government of India holds 74.50% in the company. The company's standalone net profit surged 118.87% to Rs 244.24 crore while revenue from operations jumped 61.66% to Rs 1,642.03 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers has entered into the following Memorandum of Intent (MoI) and Memorandum of Understandings (MoUs): (a) On 04 June 2025, Garden Reach Shipbuilders & Engineers (GRSE) signed a MoI with M/s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, Germany, for the construction of four (04) follow-on 7,500 DWT Multi-Purpose Vessels. These vessels will be built as a continuation of the eight (08) vessels currently under construction at GRSE's Kolkata shipyard. The follow-on vessels will feature hybrid propulsion systems and comply with the latest cybersecurity standards. The firm contract for these vessels is expected to be finalized by 31 August 2025. (b) In pursuance of venturing into construction of Offshore platforms and vessels, GRSE signed a Memorandum of Understanding (MoU) with M/S Aries marine, a Dubai based, established and independent engineering and design firm for offshore Platform and vessel design. This is to extend worldwide reach of GRSE in the offshore market. This MOU aims to facilitate collaboration on identifying and developing offshore orders for platforms designed by ARIES and built by GRSE. (c) GRSE also signed MoU with a Global Engine Manufacturer on the same day. Powered by Capital Market - Live

The project, to be executed at GRSE's Kolkata yard, will support deep-sea research in polar and southern oceans. The PRV will be equipped with cutting-edge scientific instruments and developed in partnership with the National Centre for Polar and Ocean Research (NCOPR), aligning with the government's 'Make in India' push. Union Minister Sarbananda Sonowal, currently in Norway for the Nor-Shipping event, noted that Indian shipyards now hold 11% of the Norwegian Shipowners' Association's order book, showcasing India's rising stature in global shipbuilding. GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily serves the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. As of 31 March 2025, the Government of India holds 74.50% in the company. The company's standalone net profit surged 118.87% to Rs 244.24 crore while revenue from operations jumped 61.66% to Rs 1,642.03 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live