GRSE Announces Q3FY21 Results, Registers 95% Profit Compared to Q3FY20

Kolkata, Defence Public Sector Undertaking (DPSU) Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country, has announced its financial results for the nine months and quarter ended December 31.

The total income of the Shipyard stood at Rs 399 crore in Q3FY21 as against Rs 320 crore in Q2FY21 resulting in an increase of 25 per cent over previous quarter. Revenues from operations for the quarter ended December 31, 2020 stood at Rs 360 crore as compared to Rs 272 crore registering 32 per cent increase over Q2FY20.

ads

Profit After Tax (PAT) reported by the company stood at Rs 58 crore for Q3FY21 as against Rs 38 crore in Q2FY20 with an increase of 95 per cent over corresponding quarter of Q3FY20.

More like this

How India Redefined Deterrence, Technology and Strategic Resolve, Post Operation Sindoor

The first anniversary of Operation Sindoor has been marked...

India’s Drone Doctrine, Operation Sindoor and Unmanned Military Power

The Drone Revolution: Nagorno-Karabakh to  Op Sindoor: In 2020, the...

NAVANTIA Marks Keel Laying of Seventh Corvette for Saudi Arabia

San Fernando (Cádiz). Navantia’s San Fernando shipyard on May...

EDGE, Baykar Sign Contract to Arm AKINCI with AL TARIQ Precision-Guided Munitions

Istanbul, Turkiye. EDGE, one of the world’s leading advanced...

​Skyroot Aerospace Raises $60 Million,  Becomes India’s First Space-Tech Unicorn 

HYDERABAD. Skyroot Aerospace, India’s leading private space launch company,...

Cold Start to Multi-Domain Compellence: Transformation of India’s Military Strategy

India’s quest for a credible and politically usable military...

Bharat Forge Reports Strong Sequential Recovery in Q4 FY26; FY27 Outlook Remains Positive

Pune: Bharat Forge Limited (BFL), a global leader in...
Indian Navy Special Edition 2025spot_img