Garden Reach Shipbuilders& Engineers announced that the Board of Directors of the Company at its meeting held on 22 May 2024, inter alia, have recommended the final dividend of Rs 1.44 per equity Share (i.e. 14.4%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Garden Reach Shipbuilders & Engineers rose 101.81% to Rs 111.60 crore in the quarter ended March 2024 as against Rs 55.30 crore during the previous quarter ended March 2023. Sales rose 68.96% to Rs 1015.73 crore in the quarter ended March 2024 as against Rs 601.17 crore during the previous quarter ended March 2023.For the full year,net profit rose 56.61% to Rs 357.27 crore in the year ended March 2024 as against Rs 228.12 crore during the previous year ended March 2023. Sales rose 40.27% to Rs 3592.64 crore in the year ended March 2024 as against Rs 2561.15 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1015.73601.17 69 3592.642561.15 40 OPM %8.923.40 -6.525.82 - PBDT163.2386.32 89 522.26344.38 52 PBT152.8276.30 100 480.93305.21 58 NP111.6055.30 102 357.27228.12 57 Powered by Capital Market - Live News

Garden Reach Shipbuilders & Engineers has received Notification of Award for the Procurement of 01 (One) No. Trailing Suction Hopper Dredger (Hopper Capacity 1000 m3) with spare parts, from Government of the People`s Republic of Bangladesh on 09 May 2024 and the same was accepted by the Company on 16 May 2024. The total contract value is USO 1,65,75,210 excluding taxes.Powered by Capital Market - Live News

Garden Reach Shipbuilders& Engineers will hold a meeting of the Board of Directors of the Company on 22 May 2024Powered by Capital Market - Live News

Garden Reach Shipbuilders & Engineers has signed a Contract with Ministry of External Affairs (MEA), Govt. of India for short refit of Seychelles Coast Guard Ship Zoroaster, a Fast Patrol Vessel which was constructed and supplied by GRSE to the Government of Seychelles. The total contract value shall be approx. Rs 26.45 crore. Powered by Capital Market - Live News