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

Saudia Becomes First Middle East and Africa Operator of the Airbus A321XLR

Toulouse. Saudia, the national flag carrier of the Kingdom...

Growing European Interest Positions AFRIDEX 2026 as a Key International Defence Engagement Platform

Lagos / New Delhi: European defence, aerospace and security...

Democracy Was Never Built for Algorithmic Civilisation

The Day Public Opinion Became Programmable: Democracy was designed...

RAF’s Typhoon Uses Rafael’s LITENING Pod to Improve Kill Rate of APKWS Laser-Guided Rockets

Tel Aviv: The Rafael’s LITENING pod is used by...

The Modern Evolution of India’s Kinetic Diplomacy

the global travel schedule of Defence Minister Rajnath Singh...

Thales Delivers First Two GM403 Radars To Indonesia

New Delhi: With air surveillance of critical importance in...

Islamabad’s Strategic Anxieties Continue as China Rejects its Plea for Nuclear Second-Strike Capability

New Delhi: China has reportedly refused Pakistan’s plea for...

Strengthening Deterrence Posture: India Successfully Test-Fires Agni-1 Ballistic Missile

New Delhi: India has once again demonstrated its strategic...
Indian Navy Special Edition 2025spot_img