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

GE Aerospace Engineers in Bengaluru Advance New Services Technologies to Support Customers

Bengaluru. GE Aerospace announced August 18 that engineers at its...

Eye in the Sky: India Leases MQ-9B Drones for Rs 1,943 Crore

The Ministry of Defence formally inked the agreement with...

The Launch Moment for India’s Sixth-Generation Combat Air Programme Has Arrived

India’s debate should no longer be limited to whether...

New High-Tech Composite Center for 300 Employees in Central Switzerland Begins Operations

New Delhi: With its striking new “Schwarzhorn” building, Pilatus has...

In a First, Russia Uses North Korean Ballistic Missile to Attack Ukraine

Tel Aviv: Russia attacked Ukraine with a North Korean...

Trump’s Hidden Message to South Korea

Only US President Donald Trump can do this. Just...

When War Writes Doctrine

In an age of instant commentary, strategic concepts are...

TCR Engineering Becomes First Indian Group with Two Nadcap AC7101 Materials Testing Laboratories

Navi Mumbai / Vadodra: TCR Engineering Services Pvt. Ltd....
Indian Navy Special Edition 2025spot_img