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Garden Reach Shipbuilders Q2 Results: Net profit rises 12%, revenue at Rs 1,827 cr

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Garden Reach Shipbuilders & Engineers reported a consolidated net profit of Rs 171.97 crore in Q2FY27, an increase of 11.82% from the previous year. Revenue reached Rs 1,826.69 crore, up 8.90% year-on-year. The company recently secured a Rs 32,000 crore contract for five Next Generation Corvettes with the Indian Navy.

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