Garden Reach Shipbuilders‘ share price was slumping on Wednesday morning ahead of the company’s September quarter earnings, scheduled to come out later today. The company posted ₹897.9 crore in revenue with a net profit of ₹80.7 crore.

What To Expect: Ashika Research anticipates that Garden Reach will continue its strong growth trajectory in Q2FY25, sustaining healthy margins. The company's robust order book is expected to be supported by significant order inflows from recent quarters.

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Key updates to look for include progress on current order execution and delivery schedules, expected order inflows related to five next-gen corvettes and two next-gen destroyers, insights on margin trends and the outlook for the newly launched weapons manufacturing systems segment.

Price Action: Garden Reach’s share price was down 1.34% to trade at ₹1,443 as the markets opened on Wednesday. The stock has crashed over 9% in the last five sessions.

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