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

US Navy Seeks New Anti-Radiation Missile with Long Range

Washington: The US Navy wants a new anti-radiation missile...

US Air Force’s Sentinel ICBM Programme Faces Significant Risks from Software Delays

Vandenberg Space Force Base (California): The US Air Force’s troubled...

Eurofighter Production Pipeline is Filled Until Final Assembly of FCAP Capability: BAE Systems

Paris: BAE Systems said the production pipeline for the...

DEFSAT 2026 to Focus on Space at the Core of National Security

The theme for DEFSAT 2026 is “Space at the...

From Industrial AI to Military Power: Why India’s Defence Ecosystem Needs Structural Integration

India’s AI debate has been framed largely around digital...

Fortifying National Security: India Set to Achieve Triple SSBN Milestone with Commissioning of INS Aridhaman

New Delhi: India's naval capabilities are set to receive...

India Assumes Chairmanship of the Indian Ocean Naval Symposium

Visakhapatnam: The 9th Conclave of Chiefs of the Indian...
Indian Navy Special Edition 2025spot_img