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

Gati Shakti Vishwavidyalaya Signs MoU with DGCA to Train Indian Aviation Workforce

New Delhi: Gati Shakti Vishwavidyalaya has signed a Memorandum...

Domestic Aviation Market Dominated by IndiGo and Air India

New Delhi: IndiGo and Air India together hold more...

Government Names Vir Vikram Yadav as New DGCA Chief

New Delhi: India appointed a senior bureaucrat to lead...

US Gator Anti-Tank Mines Deployed During Operation Epic Fury Reportedly Discovered Near Iran’s Shiraz South Missile Base

Tel Aviv: US-made Gator anti-tank mines, specifically BLU-91/B variants,...

ASSOCHAM Hosts ‘INSV Kaundinya: A Voyage into India’s Maritime History’ in New Delhi

New Delhi: The ASSOCHAM successfully hosted a distinguished session titled...

BEL Achieves Record Turnover of Rs 26,750 Crore

Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved...

ST Engineering Secures ADSB Sub-Contract for Kuwait’s New Missile Gun Boat Fleet

Singapore: ST Engineering’s Marine business has secured a six-year sub-contract...
Indian Navy Special Edition 2025spot_img