Robust Performance: GRSE Annual Turnover for FY 2024 Records YoY Growth of 33 Percent

Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country, continues to maintain an upward financial growth and has achieved an annual turnover to the tune of Rs 3,400 crore (provisional & unaudited) for FY 2023-24, the highest ever in the history of the company.

The robust financial performance has been achieved by the company through effective management of resources and improved internal efficiencies.

ads

The company had also declared an interim dividend @ 79% of paid-up share capital against 55% of previous year.

In addition to being a leader in the shipbuilding sector in India, GRSE is a fully diversified company with products ranging from “Warships to Weapons”.

More like this

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