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

Oil, War and India: The Hormuz Factor

The narrow waterway between Iran and Oman, known to...

Airbus Selected by the European Defence Agency to Expand the Capabilities of Its Capa-X Drone

Marignane, France. Airbus Helicopters, through its subsidiary Survey Copter,...

Near Earth Autonomy and Team Fly Uncrewed Logistics Black Hawks

Pittsburgh, PA. Near Earth Autonomy (Near Earth), together with...

Securing Strait of Hormuz: Nine Iranian Navy Vessels Sunk by US Navy

Tel Aviv: The US Navy has sunk at least...

Iranian Fighter Aircraft YAK-130 Shot Down Over Tehran by Israeli Air Force’s F-35 Fighter Jet

Tel Aviv: Israeli Air Force's F-35 fighter aircraft (Adir)...

Home-Built Rafales Being Treated as India’s Strategic Industrial and Technological Project

New Delhi: India’s proposed acquisition of 114 Rafale Multi‑Role...

India Preparing for Another War, Warns Pakistan’s President Zardari

New Delhi: Pakistan's President Asif Ali Zardari delivered a...

France’s Nuclear Armament is Strategic and Exclusively Strategic: Macron

Paris: President Emmanuel Macron of France outlined a major...
Indian Navy Special Edition 2025spot_img