NEW DELHI: Warship builder for Indian Navy and Coast Guard Garden Reach Shipbuilders & Engineers (GRSE) on Thursday reported a growth of 19 per cent at 109.93 crore in its net profit in 2018-19 as compared to Rs 92.40 crore in the corresponding previous year.

The company earned revenue from operations of Rs 1,386.43 crore in 2018-19 against 1,349.66 crore in the corresponding last year, registered a growth of 2.72 per cent, GRSE said in a statement.

The company reported Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) of Rs 211.16 crore 29 per cent increased in FY19 as against Rs 164.39 crore in FY18.

Agencies