Garden Reach Shipbuilders & Engineers standalone net profit declines 18.62% in the March 2022 quarter

Sales rise 36.55% to Rs 544.61 crore

Net profit of Garden Reach Shipbuilders & Engineers declined 18.62% to Rs 47.20 crore in the quarter ended March 2022 as against Rs 58.00 crore during the previous quarter ended March 2021. Sales rose 36.55% to Rs 544.61 crore in the quarter ended March 2022 as against Rs 398.83 crore during the previous quarter ended March 2021.

For the full year,net profit rose 23.50% to Rs 189.53 crore in the year ended March 2022 as against Rs 153.47 crore during the previous year ended March 2021. Sales rose 54.05% to Rs 1757.51 crore in the year ended March 2022 as against Rs 1140.84 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales544.61398.83 37 1757.511140.84 54 OPM %5.999.41 -8.016.30 - PBDT72.8486.31 -16 300.64256.96 17 PBT63.1978.54 -20 264.93227.87 16 NP47.2058.00 -19 189.53153.47 23

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