Garden Reach Shipbuilders & Engineers & Hindustan Shipyard (HSL) signed a Memorandum of Understanding (MoU) on Monday, 09 February 2026, to form a consortium aimed at undertaking a large-scale, strategically significant national shipbuilding programme. The partnership envisages the construction of advanced maritime platforms and is expected to contribute to the enhancement of the country`s maritime infrastructure, technological self-reliance, and long-term operational capabilities. Powered by Capital Market - Live News

Net profit of Garden Reach Shipbuilders & Engineers rose 73.92% to Rs 170.77 crore in the quarter ended December 2025 as against Rs 98.19 crore during the previous quarter ended December 2024. Sales rose 49.15% to Rs 1895.69 crore in the quarter ended December 2025 as against Rs 1271.01 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1895.691271.01 49 OPM %9.075.92 - PBDT230.12145.10 59 PBT217.76133.76 63 NP170.7798.19 74 Powered by Capital Market - Live News

Garden Reach Shipbuilders& Engineers announced that the Board of Directors of the Company at its meeting held on 28 January 2026, inter alia, have recommended the Second Interim dividend of Rs 7.15 per equity Share (i.e. 71.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Garden Reach Shipbuilders& Engineers will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live News

Garden Reach Shipbuilders& Engineers will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live News