5

THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE GRAHAM CORPORATION CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

YEAR MAR-31-1998 MAR-31-1998 1,694 4,801 6,814 23 10,278 24,913 25,244 15,218 37,030 12,454 859 0 0 169 17,606 37,030 56,206 56,206 38,123 38,123 0 4 242 5,474 1,708 3,766 0 0 0 3,766 2.27 2.21