Q4 Earnings Impact, May 14 -- Shares of Garden Reach Shipbuilders & Engineers (GRSE) surged over 14 percent on Wednesday, May 14, after the state-owned defence shipbuilder reported a stellar set of numbers for the March 2025 quarter. The company's net profit more than doubled year-on-year (YoY), driven by strong revenue growth and margin expansion.

GRSE's net profit rose sharply by 118.9 percent YoY to Rs.244.2 crore in Q4FY25, compared to Rs.111.6 crore in the same quarter a year ago. This impressive performance was underpinned by robust revenue growth and improved operational efficiency.

Revenue from operations came in at Rs.1,642 crore, marking a 61.7 percent YoY increase from Rs.1,015.7 crore in the March 2024 quarter. Operating pro...