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

Elbit Systems Expands Its E‑LynX™ SDR Family with a New Unified Connectivity Capability Linking Soldiers and Unmanned Platforms

Berlin, Germany. Elbit Systems Ltd. has launched the E‑LynX™ UxS, a new...

Airbus and Quantum Systems to Cooperate on Integration of Counter UAS Interceptors on Military Helicopters 

Berlin, Germany. Airbus Helicopters and Quantum Systems have signed a...

The Invisible Fourth Line Revolution: HAL’s Outsourcing Signals the End of In-House Composites?

For decades, the Aerospace Composites Division (ACD) at Hindustan...

The Thucydides Trap: Can India and China Rise Without War?

“As far as India is concerned, China has a...

Calian Strengthens NATO Operational Readiness Through Advanced Training Support

New Delhi: Modern warfare is changing rapidly. From the lessons...

Romanian Ministry of Internal Affairs Orders Seven Airbus H160 and Five Airbus H145 Helicopters 

Berlin, Germany. Airbus Helicopters has signed a contract with...

Airbus and Diehl Defence Sign Agreement on Intensifying their Cooperation in Integrated Air and Missile Defence 

Berlin, Germany.  Airbus Defence and Space and Diehl Defence...

Persian Gulf Crisis and The Helium Conundrum

As the closure of strait of Hormuz and the...
Indian Navy Special Edition 2025spot_img