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  • Garden Reach Shipbuilders & Engineers Limited announces Q3 of FY21 Results

    Published on February 11, 2021

    Chennai: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country have announced its financial results for the Nine Months and Quarter Ended December 31st, 2020.

    Highlights upto Q3FY 21 Standalone Financials     §  Total Revenue Rs. 879 Crs. §  Profit Before Tax Rs. 129 Crs. §  Profit After Tax  Rs.95 Crs §  EPS is Rs 8 Per  Share

    Q3 FY21 Compared with Q2 FY21:

    Ø  The Total Income stood at Rs. 399 in Q3 FY21 as against Rs. 320 crore in Q2 FY21 resulting an increase of 25% over previous quarter.

    Ø  Revenues from operations for the quarter ended December 31st, 2020 stood at Rs. 360 crore as compared to Rs. 272  crore in Q2 FY21 registering  32% increase over Q2 FY21

    Ø  The Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) stands Rs. 81 crore in Q3 FY21, as against Rs 60 crore in Q2 FY21. The Company’s EBITDA margin stood at 20%

    Ø  Profit Before Tax (PBT) stood at Rs. 73 crore for Q3 FY21 as compared to Rs  54 crore in Q2 FY21. The Company’s PBT margin stood at 18%

    Ø  Profit After Tax (PAT) reported stood Rs. 58 crore for Q3 FY21 as against Rs. 38 crore in Q2 FY20.The Company’s PAT margin stood at 14%

    Q3FY21 Compared with Q3FY20:

    Ø  Revenues from operations for Q3 FY 21 stood at Rs. 360 crore as compared to Rs. 370 crore in Q3 FY20

    Ø  The Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) stands Rs. 81 crore in Q3 FY21, as against Rs 50 crore in Q3 FY20 registering a growth of 62% over Q3FY20

    Ø  Profit Before Tax (PBT) stood at Rs. 73 crore for Q3 FY21 as compared to Rs.41 crore in Q3 FY20 registering growth of 78% over  corresponding quarter of FY 20

    Ø  Profit After Tax (PAT) reported stood Rs. 58 crore for Q3 FY21 as against Rs. 38 crore in Q2 FY20 with an increase of 95% over  corresponding quarter of FY 20