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

The Masterclass Between the Lines

When a former Intelligence Bureau officer with eleven years...

Iron Walls on the Border: Rajnath Singh Reaffirms Tank Power

Jabalpur. Speaking at the foundation stone ceremony for a ₹...

AeroVironment Secures $51 Million US Army Deal for Switchblade Drones

The newly awarded delivery order represents a major procurement...

India’s Defence Production Quadruples as Exports Hit Record Target

Jabalpur. Speaking at a ceremony in Jabalpur, Madhya Pradesh, Defence...

India Ramps Up Procurement of UK Martlet Missiles

New Delhi: India and United Kingdom (UK) are in...

European Companies Show Interest in Uvision’s Largest Loitering Weapon System – Hero 1250

Tel Aviv: The largest loitering weapon system Hero 1250,...

Japan’s Strategic Shift: Reshaping Security Architecture in Indo-Pacific

A week after Russian President Vladimir Putin’s unexpected visit to...

First Indigenous Multi-Purpose Vessel ‘Samarthak’ Delivered to Indian Navy

New Delhi: Samarthak, the first Multi-Purpose Vessel (MPV), built...
Indian Navy Special Edition 2025spot_img