GRSE Q4 FY26 Net Profit Up 42% to INR 748 Crore

GRSE reported record FY26 revenue of INR 7,002 crore, up 38% YoY, and PAT of INR 748 crore, up 42% YoY.
The company delivered 8 warships and launched 19 platforms, with a current order book of INR 15,324 crore across 39 platforms.
Management expects the Next Generation Corvette (NGC) contract worth ~INR 33,000 crore to be signed in the current quarter (June 2026).
GRSE outlined a robust pipeline of future orders worth ~INR 1.5 lakh crore and is expanding shipbuilding capacity from 28 to 32 platforms.