ResultsEconomic Times
GRSE shares rise 2% as Q2 profit climbs 12%
GreyOak summary
Garden Reach Shipbuilders & Engineers (GRSE) shares rose 2% after reporting a 12% year-on-year increase in Q2 FY27 net profit to Rs 171.97 crore. Revenue grew 9% to Rs 1,827 crore, driven by new vessel launches and infrastructure projects. The company's net profit margin improved to 9.47%.
What it affects
- Garden Reach Shipbuilders & EngineersGRSEPositive +61
Shares rose 2% on 12% profit growth.Rolling sentiment Positive +41
Source
Read the original at Economic TimesMore Garden Reach Shipbuilders & Engineers news
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