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

Reimagining Wargaming

Computer wargames are often needlessly detailed and focused on...

The Algorithm and the Abyss: Why AI Makes War Faster but Not Wiser

There is a pattern in the history of weapons...

Fake Test Reports Shake Tejas Dream: A Wake-Up Call

In India's defence factories, every small part of a...

Why India Needs a Defence Tax

Over the years, as the Union Budget is presented...

SAS Technology Presented “ARGUS”, an Integrated AI-Assisted ISTAR & Targeting Ecosystem, at “DOUREIOS IPPOS 2026”

Athens: SAS Technology successfully participated in the national joint exercise...

DRDO Validates Multi-Layered Ballistic Missile Defence Capability

The multi-layered Ballistic Missile Defence (BMD) tests confirm India’s...

Lt Gen Dhiraj Seth Appointed 31st Chief of Army Staff

Lt Gen Dhiraj Seth’s appointment as the 31st Chief...

IN-SPACe Selects First Three Startups for Technology Adoption Fund

On June 11, 2026, the Indian National Space Promotion...
Indian Navy Special Edition 2025spot_img