Garden Reach Shipbuilders & Engineers Ltd (GRSE) has announced an interim dividend of ₹5.75 per equity share for the financial year 2025–26. The company’s Board of Directors approved the dividend during a meeting held on November 4, 2025, according to its regulatory filing.
The dividend, declared on shares with a face value of ₹10 each, amounts to a total payout of ₹65.87 crore. The Board has set Tuesday, November 11, 2025, as the record date to identify shareholders eligible to receive the interim dividend. The payment will be made within the prescribed statutory timeline.
Management Commentary on Q2FY26 Performance
Commenting on the company’s performance, Cmde P.R. Hari, IN (Retd.), Chairman and Managing Director of GRSE, said the company has sustained its growth trajectory with a strong second-quarter performance. He added that a robust order book, efficient project execution, and clear order visibility position GRSE for continued strong results in the second half of FY26.
Summary
Garden Reach Shipbuilders & Engineers Ltd has declared an interim dividend of ₹5.75 per share for FY26, with November 11, 2025, set as the record date. The total dividend payout amounts to ₹65.87 crore. Backed by a healthy order pipeline and solid Q2 performance, the company expects to maintain growth momentum through the rest of the fiscal year.
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