Garden Reach Shipbuilders & Enginers Ltd(GRSE) Q3 Results 2024: Date and Time, Share Price and Target

News: Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a big company in India that builds ships. Let’s talk about their Q3 results for 2024 and what it means for people who invest in them.

Q3 Results Overview

• When: GRSE will tell us about their Q3 results on February 13, 2024.
• How Much: People who have invested in GRSE want to know how much their shares will be worth after the results. You can find GRSE’s shares on both BSE (BSE: 542011) and NSE (NSE: GRSE).
• How Well They Did: Last time, GRSE made Rs 969.46 crore in total income, which is 34.12% more than before. They also made Rs 109.97 crore in operating profit and Rs 80.74 crore in net profit, which are big improvements.

Key Highlights

1. Quiet Ships: GRSE got an award for making a ship that’s very quiet, which is good for the Indian Navy.
2. Great Ships for Other Countries: They were praised for making a special ship for Mauritius.
3. Top Defense Shipyard: GRSE has been the best shipyard for defense ships for four years in a row.

People are excited to see how well GRSE did in Q3. They make good ships, so investors want to know how their shares will do. Watch the share price to see how GRSE is doing in the shipbuilding world.

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Frequently Asked Questions (FAQs)

What topics are on the agenda for the board meeting?

The board meeting will cover important topics such as the company’s finances, investment plans, how money is allocated, managing risks, corporate rules, and key plans for the future.

When might we expect approval for the Un-audited Financial Statements?

Approval for the Un-audited Financial Statements, covering the quarter and nine months up to December 31, 2023, is likely to happen during the board meeting scheduled for February 13, 2024.

How did GRSE do in the fiscal year 2023?

GRSE had a strong fiscal year in 2023, with increases in revenue, operating income, net income, total assets, and total equity, showing solid financial performance.