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

Lessons from a Global Rupture: How Warfare, Power and Resilience Are Being Redefined

The world is marked by strategic uncertainty, which is...

VELORYX Continues Accelerating its Growth Strategy, Signs MoU to Acquire Control of Israeli Electronic Warfare Company

Tel Aviv: Israeli Homeland Security Company VELORYX continues to...

Romanian Ministry of National Defence Selects Rafael’s SPYDER Air Defence System

Tel Aviv: Romanian Ministry of National Defence has selected...

Maritime Defence: India Evaluating Eurodrone ASW Variant

New Delhi: India is evaluating the anti‑submarine warfare (ASW)...

Russian Nebo-UM Radar Quietly Inducted into India’s Air Defence Network

New Delhi: India has quietly inducted the Russian-made Nebo-UM...

The Precarious US-Iran Ceasefire

When US President Donald Trump and Iranian President Masoud...

India’s AMCA and Tejas MK-2 Faces Persistent Technological Hurdle with Propulsion Dependency

New Delhi: India’s ambition to field a fifth‑generation stealth...

Bharat Electronics Ltd Expands Transfer of Technology Collaboration with Thales

New Delhi: Bharat Electronics Limited (BEL) is expanding its...
Indian Navy Special Edition 2025spot_img