GRSE FY26 Record Turnover ₹6,400 Cr, Dividend 129%

GRSE recorded highest-ever annual turnover of ₹6,400 crore (provisional, unaudited) in FY 2025-26, up from ₹5,076 crore in FY 2024-25.
The company declared an interim dividend of 129% of paid-up share capital, compared to 89.5% declared in FY 2024-25.
GRSE delivered eight vessels to the Indian Navy in FY26, including two P17A frigates, two SVL ships, and four ASW-SWC crafts.
GRSE is in advanced stages of concluding a contract for five Next Generation Corvettes and progressing on 12 export vessels for a German client.