India, May 14 -- Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) jumped 14.89% to Rs.2,200 apiece on the National Stock Exchange on Wednesday, May 14, following the release of its robust financial results for the fourth quarter and full fiscal year 2024-25.

Defence PSU GRSE Ltd has recorded a profit after tax (PAT) of Rs.527 crore in 2024-25, registering a growth of 48 per cent over Rs.357 crore of net profit in the previous fiscal, an official said on Tuesday.

The company posted a 39 per cent growth in total income in Fiscal Year 2025, as compared to the previous financial year.

The total income of the Kolkata-based warshipbuilder for 2024-25 stood at Rs.5,411 crore as against Rs.3,892 crore in 2023-24, the GRSE official sa...