Garden Reach Shipbuilders & Engineering (GRSE) Ltd has set Sep 12, 2025, as the record date for its ₹4.90 final dividend. The dividend will be paid within 30 days of the record date.
GRSE Ltd said in an exchange filing, “The Board of Directors of the Company has recommended a final dividend of ₹4.90 per equity share for the Financial Year 2024-25, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company.
As GRSE has set Sep 12 as the record date for its final dividend, meaning that Sep 11 marks the last day to buy GRSE shares to become eligible for the final dividend. Further, any shares bought on or after Sep 12 (record date) won't be eligible for the final dividend due to the T+1 settlement rule.
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In Q1FY26, the company reported a strong financial performance with Total Income rising to ₹1,382 crore, marking a year-on-year (Y-o-Y) growth of 28% compared to ₹1,084 crore in Q1FY25. Revenue from operations also witnessed a robust increase of 30% Y-o-Y, reaching ₹1,310 crore as against ₹1,010 crore in the same quarter last year.
The Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) stood at ₹184 crore in Q1FY26, up 42% from ₹130 crore in Q1FY25, reflecting improved operational efficiency. Profit Before Tax (PBT) surged by 45% to ₹167 crore from ₹115 crore, while Profit After Tax (PAT) rose by 38% to ₹120 crore, compared to ₹87 crore in the corresponding quarter of the previous fiscal.
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Published on: Sep 11, 2025, 8:08 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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