5

The schedule contains summary financial information extracted from the Graham Corporation consolidated balance sheet and consolidated statement of operations and retained earnings and is qualified in its entirety by reference to such financial statements.

1,000 6-MOS MAR-31-1998 SEP-30-1997 1,295 2,246 8,887 85 5,473 19,094 25,028 15,682 30,382 7,730 1,126 0 0 168 14,703 30,382 26,687 26,687 17,979 17,979 0 0 140 2,161 742 1,419 0 0 0 1,419 0.85 0.85