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

Silent Siege: Narrative Warfare and Weaponisation of Perception

At first glance, the on-going CJP protest appears to...

Expanding Footprint: Paras Defence to Set Up Semiconductor Packaging Unit in Madhya Pradesh

In a major development for India’s domestic electronics manufacturing...

India Issues Rs 2,000 Crore Tender for 10 Coast Guard MALE Drones

NEW DELHI. In a significant move aimed at fortifying India’s...

Beyond Traffic Congestion: IIT Madras Startup ePlane Unveils Flying Taxi Prototype

In a major milestone for Indian aerospace technology, deep-tech...

MBDA Unveils Counter Mass Interceptor for Surface-Launched ASRAAM Systems

Modern conflicts in Eastern Europe and the Middle East...

Global Navies Unite in Kochi for Operation Southern Readiness

The Indian Navy hosted 254 participants from 26 nations...

AEW&C MK-II Programme: DRDO Inks Two Major Contracts with Industry Partners

New Delhi: In a significant boost to Aatmanirbhar Bharat,...

Dubai Airports Announces New Senior Leadership Appointments to Support Future-Readiness

Dubai, United Arab Emirates: Dubai Airports has announced three senior...
Indian Navy Special Edition 2025spot_img