Photo: PTI
- Shares of Garden Reach Shipbuilders rose over 4% after Q3 earnings announcement
- The stock is trading at Rs 2,574, up more than 2% from Wednesday’s close
- The company reported a net profit of Rs 171 crore in Q3 ending December
Shares of Garden Reach Shipbuilders Ltd. have surged more than 4% after the company reported its third-quarter earnings for the financial year ending March 2026. The stock is currently trading at Rs 2,574, accounting for gains of more than 2% compared to Wednesday’s closing price of Rs 2,518.
This comes on the back of third-quarter earnings that saw the company post a net profit of Rs 171 crore in the quarter ended December, up nearly 75% as compared to Rs 98.2 crore in the year-ago period, according to the financial results declared by the company on Wednesday.
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