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GRSE shares rises 2% after Q2 net profit climbs 12% YoY

GRSE shares rises 2% after Q2 net profit climbs 12% YoY
Image: The Economic Times (India)

GRSE shares rose on Thursday after the defence shipbuilder reported a 12% year-on-year increase in Q2 FY27 net profit to Rs 171.97 crore. Revenue grew 9% to Rs 1,827 crore, while EBITDA rose 13%. The company also highlighted key project milestones and infrastructure expansion during the quarter.

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