The defence sector PSU’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 426 crore in the quarter under review, rising 27% over Rs 335 crore in the corresponding quarter of the last financial year.
GRSE’s board of directors recommended a final dividend of Rs 6.70 per equity share for the financial year 2025-26, subject to the approval of the shareholders at the 110th Annual General Meeting (AGM) of the company. The final dividend would be paid within 30 days from the date of its declaration at the AGM, the company filing said.
The company reported a strong financial performance in Q4FY26, with total income rising 24.72% year-on-year to Rs 2,190 crore compared to Rs 1,756.25 crore in Q4FY25. Profit before tax (PBT) also saw a robust increase of 26.98% YoY, coming in at Rs 410.85 crore versus Rs 323.55 crore in the same period last year.
Reflecting the improved profitability, earnings per share (EPS) climbed 24.14% YoY to Rs 26.47 from Rs 21.32, indicating healthy operational momentum and margin expansion.
Management commentary
Commenting on the results, Chairman & Managing Director Cmde PR Hari said FY26 marked a landmark year for GRSE where the company’s robust physical performance 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,” Hari said.
FY26 PAT stood at Rs 748 crore versus Rs 527 crore in FY25, recording a growth of 42% YoY while topline grew 38% to Rs 7,002 crore in the January-March quarter of FY26 versus Rs 5,076 crore in FY25.
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