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

ROSOBORONEXPORT to Present Latest Russian R&D Products for the Navy at Fleet-2026 Exhibition

Moscow. JSC ROSOBORONEXPORT (part of Rostec State Corporation) will...

Indigenous Zorawar Light Tank to Gain NATO-Level Armour Standards

New Delhi: India’s indigenous Zorawar light tank is being...

“Sustainability Lies at the Core of Any Airport Design”: Member (Planning), AAI

New Delhi: At a recent India Infrastructure conference, Anil...

US Navy Raises Price Ceiling for New Trainer Jet to $2.7 Billion

Washington: After pushback from industry, the US Navy has...

‘Drone Dominance’ Push: Pentagon Starts Receiving FPV Drones

Washington: The Pentagon has begun accepting small, one-way attack...

Larsen & Toubro’s TRAJAN Howitzer Reviewed by Prime Minister Modi

New Delhi: Prime Minister Narendra Modi’s recent review of...
Indian Navy Special Edition 2025spot_img