Garden Reach Shipbuilders and Engineers (GRSE) Ltd. has paid an interim dividend of Rs 147.77 crore to its shareholders for the financial year 2025-26, including Rs 110.09 crore representing the Government of India’s share.
The dividend cheque was handed over to Defence Minister Rajnath Singh by Cmde PR Hari, IN (Retd), Chairman and Managing Director of GRSE, in New Delhi on 1 September 2026. Minister of State for Defence Sanjay Seth, Defence Production Secretary Sanjeev Kumar and GRSE Director (Finance) Niranjan Bhalerao were present at the event.
GRSE, a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has declared an interim dividend of Rs 12.90 per equity share with a face value of Rs 10 for FY 2025-26. This compares with an interim dividend of Rs 8.95 per share declared for FY 2024-25.
GRSE dividend and financial position
The company said it has distributed dividends to shareholders every year for the past 32 years.
As of 31 March 2026, GRSE reported an order book of Rs 15,324 crore. The company is engaged in the construction of warships and other vessels for domestic and international customers.
How much interim dividend has GRSE paid for FY 2025-26?
GRSE has paid a total interim dividend of Rs 147.77 crore for FY 2025-26. Of this, Rs 110.09 crore is the Government of India’s share.
What is GRSE’s interim dividend per share?
GRSE has declared an interim dividend of Rs 12.90 per equity share of Rs 10 face value for FY 2025-26, compared with Rs 8.95 per share in FY 2024-25.
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